Brits Teach America Lesson on Credibility and Transparency
Posted by Larry Doyle on June 14th, 2010 2:25 PM |
Spending money one does not have and making promises one can not keep is no way to run a business let alone a country.
The changing of the guard at 10 Downing Street has also brought about a change in the willingness of the British government to face these realities. The reality of the British economy may not be pretty but it is real and it will not change based purely upon false hope and government artifice.
The Financial Times highlights the ‘tough love’ and ‘financial rigor’ that the regime of new British Prime Minister David Cameron is serving the British populace. (more…)