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Cameron: Austerity may be rule until 2020

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-19-12 03:32 AM
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Cameron: Austerity may be rule until 2020
Cameron: Austerity may be rule until 2020
Published: July 19, 2012 at 2:01 AM

LONDON, July 19 (UPI) -- Britain's economic difficulties will probably last through the end of the decade, with austerity budgets the rule, Prime Minister David Cameron said Wednesday.

In an interview with The Daily Telegraph on the last day before Parliament's summer break, Cameron said the crisis has proved far deeper than he believed when he took office in 2010. He said the difficulties in the eurozone are a drag on Britain and are likely to continue for years.

When the Conservative-Liberal Democratic coalition took over the government, leaders predicted austerity measures would be needed for five years.

<snip>


Cameron faces a general election in 2015.


http://www.upi.com/Top_News/World-News/2012/07/19/Camer... /

Isn't it funny how much worse conditions look when you are facing RE-election than they looked when you first ran?

Moreover, I wonder what Cameron thinks is going to turn things around between now and 2020?


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