Still cutting

When is the right time for the government to cut back spending? Is now the right time or should the government still run on deficit? This article is a good example of what kind of dilemma government officials are currently faced with. The author talks about budget problems in the United Kingdom but the problems are no different from the ones in the United States. The British government is faced with higher than expected inflation and still low tax revenues. Hence, as author points out, British Chancellor George Osborne has a harder task ahead of him than he'd been envisioning.