Thursday, November 11, 2010

The laboratory of the world

In this interesting article, the author is suggesting that Britain's fiscal policies could play a part in determining who would be the next occupant of White House. To reduce trade deficits, Britain is considering cutting government's spending. According to the analysis, reductions in the bloated levels of government spending and fiscal deficits will do much more to stimulate the longer-term growth of the British economy, mainly by encouraging private investment and innovation. And based on the results of actions from Britain, Republicans will have a powerful case for themselves.

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