The President, who has proposed a budget that would add a trillion dollars to our debt every year for the next decade, has been pushing Europe (particularly Germany) to forgo budget cuts in favor of deficit spending to “stimulate” the economy. The problem is that Europe is watching close up what happens when you keep overspending and don’t want to follow this ultimately reckless path.

Instead of pushing other nations to embrace America’s super-sized deficits, the U.S. should be pushing sound economic policy and free trade at the upcoming summit. IWF’s President Michelle Bernard has sound advice for policies the U.S. should be advancing at the summit.