Obama vs Osborne "For all the hype, Osborne's slow-mo cuts take four years to achieve what Obama is doing in one" ...says Fraser Nelson [Edit: 'dead' image removed]
"Obama is cutting faster and deeper than Osborne. Ed Balls, as the CCHQ graphic shows, is now even more outnumbered..." Tim Montgomerie, Conservative Home.
2 comments:
I think the next six months are going to be interesting for economics globally. America seems to be taking one step forward and two back at the moment, although there have just been a large number of jobs created in the second quarter. In Britain we tend to panic first and ask questions later, the next quarter will be telling in terms of Government income and borrowing against the budget figures.
Agreed...I'm still surprised that interest rates have been kept low and why some people wonder why inflation is going up!
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