Arianna Huffington, co-founder of the news website The Huffington Post, and Chrystia Freeland, Global Editor-at Large of Reuters news, analyze President Obama's challenging week, including a rough overseas trip on the Parker Spitzer CNN show. The debt commission is being criticized and people are saying this is the opportunity for President Obama to step forward. The debt commission proposes spending cuts and social security reform. Huffington critiques that this could be possible but not without a jobs commission to happen at the same time. Freeland brings up that Obama created the deficit commission at the right time for the right reasons. She backs it up by saying that is a big issue so it was right for Obama to do something about it, and it was the right timing because Obama wanted to have as much distance from midterms and 2012, and to move the conversation on to what they thought was going to be their next issue. Spitzer agreed with Freeland about the timing and reasons for the debt commission. Obama faces criticism overseas making it a bad trip for him. Freeland says that Obama is facing the first big wake-up call, at G-20, that it no longer runs the world economy. "American Presidents have to figure out how do we operate in this environment" says Freeland. Spitzer agrees that this issue is a critical point. Freeland recognizes two important statements of the past weeks are, "The US economic system doesnt work and so we are down grading the US," says Freeland quoting the State Endorsed Ratings Agency of China. Another similar statement "I dont like the way the US economy works" says Freeland quoting the German Foreign Minister. These statements are shocking for the American people but it is a wake-up call for the White House to take action and start reforming the economy in the US.
