austerity

Against War and Austerity, Hollande is Right and Obama Should Agree

Newly elected French President François Hollande is coming to the White House next week to meet with President Obama ahead of the G8 and NATO summits. Two items are sure to be on the agenda: Hollande's call for a "New Deal" (as it were) in European economic policy that would restore growth rather than continue budget austerity, and Hollande's promise to speed up the withdrawal of French troops from Afghanistan.

Press reports suggest that Obama's agenda for the meeting will include trying to induce Hollande to renege on his pledge to withdraw French troops from Afghanistan. That would be a terrible mistake, a terrible waste of a unique opportunity for Obama to agree with Hollande on a common position for speeding up the withdrawal of all foreign forces that they can announce at the NATO summit in Chicago.

The fact is, at the level of rhetoric, Obama and Hollande already agree on ending the war, as they already agree that the European austerity policy has failed and should be replaced by a policy of restoring economic growth. A common Obama-Hollande front on ending the war and ending European austerity would be in the interest of the American 99%, the European 99%, and the Afghan 99%. (As the Obama Administration has correctly pointed out, austerity in Europe hurts Americans too, because when Europe is in recession, Europeans buy fewer American goods and services.)