Detail The Workout Begins; Cutting the Fiscal Deficit   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 395 no. 8683 (May 2010), page 56-57. Topik: Public Finance; Economic Policy; Politics Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.63 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel If there is one reason why a hung parliament produced Britain's first coalition government for 65 years, it is the dire state of the public finances. The Conservatives realised that they needed a formal coalition with the Liberal Democrats for the full five-year lifetime of the parliament to push through the politically perilous slashing of public borrowing. The Lib Dems, for their part, feared that hanging back on the sidelines at a time of national emergency could undermine their credibility as a serious political force. This week the government lost no time in signposting how it will bring the public finances under control--a task so formidable that it will test the resolve and staying power of the coalition. A spending review conducted by David Laws, the Lib Dem chief secretary to the Treasury, will go where both parties feared to tread in the campaign and specify this autumn where the axe will actually fall. The decision to press ahead with immediate spending cuts marked one of the first compromises of the coalition. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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