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Article: Big Government Is Back--Big Time.(Business; COVER STORY: BUSINESS)(United States President Barack Obama's economic plans)(Cover story)
- Article from:
- Newsweek
- Article date:
- February 16, 2009
- Author:
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Byline: Michael Freedman; With Tracy McNicoll in Paris
U.S. policymakers reconsider the relationship between government and the private sector.
Have you noticed that Barack Obama sounds more like the president of France every day? When Obama said in his Inaugural Address that it was time to get past stale arguments over whether government is big or small, he was echoing the eclectic philosophy of Nicolas Sarkozy, who champions markets one day and state industrial "champions" the next. When Obama called Wall Street "shameful" and greedy, he was articulating what the French have always thought, and endorsing Sarkozy's recent dismissal of the "crazy" idea ...