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UK government tries austerity, now tries Keynes

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 31 Oct 11 4:48 AM | 56 view(s)
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Anyone who has watched the differing performances of the US and UK over the last couple of years cannot help but notice the disparity.

Austerity results in demand failure.

The UK conservative-led government finally seems to recognise that it needs to head in a different direction.

It's only a GBP billion stimulus, but it's a start.

http://www.telegraph.co.uk/news/politics/8858830/Coalition-pledges-1bn-on-100-projects-to-kickstart-the-economy.html




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