British Prime Minister David Cameron addressed the Canadian Parliament yesterday evening.
Cameron and Prime Minister Stephen Harper raised concerns about current economic instability and the necessity of taking serious steps to prevent another global recession.
According to the Ottawa Citizen, speaking to reporters after his Parliamentary address…
Cameron also told journalists that the British government’s austerity cutbacks should be a lesson to other nations.
“I don’t pretend it is popular with everyone. It isn’t.” But he said that when governments are honest with people about the need for tough measures, they are more likely to get public support.
Read that full article here.
What does government austerity mean to you? If this is indeed a “debt crisis”, is austerity an essential element of recovery, or just one ingredient?