Greek And Portuguese Austerity Measures Now - Why Not Uk?

[Wentworth]

Can anyone explain why the different approaches? The UK economy is in dire times but most opinions seem to favour cutting the deficit over a the longer period, so as not to stifle the already dodgy growth, less we get a double dip recession. However, the Greeks, Portuguese and Latvians as well as the Irish seem to have gone hel_l for leather to cut their deficits; a bit like ripping a plaster off in one quick move instead of prolonging the agony.

[cdnvic]

This is not Thai related in any way. Suggest you find a more appropriate forum for it.