The experience of Greece and Ireland, and, potentially Portugal and Spain seems not to have reached those who argue for reduction or removal of the Government's spending cuts.
For the record; Greece and Ireland have all but destroyed their economies and, aside from national default, have no choice other than to bear many years of financial hardship before they restore strength to their national economies. Without great care, Portugal and Spain will suffer the same pain. They each have high unemployment rates, particularly amongst the younger sectors of their populations.
The UK has no choice; either financial pain now or something far fat worse in the medium term.
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