Barry O'Blimey is trying the Gorgon defence.
He claims none of the USA's economic woes are his fault and that it all started in Europe.
That approach didn't work too well on this side of the pond, and I don't think Americans will be too impressed with a leader who ducks responsibility either.
There was once a sign on the US president's desk that said 'The buck stops here'. I wonder where it is now?