Summary No. 2: Hasty action on public spending would jeopardise economic recovery

Prime minister Gordon Brown does not have any credible arguments left to deny it: Britain has some serious fiscal problems. Public borrowing exploded, which will not lead to any good (as we have seen in America) and the national debt will most likely double between 2005 and 2014. The question remains, though, how soon the English government should fight those growing fiscal problems. As many people agree on the opinion that it might be too early to start the reversion of the current stimulus programs.