Daily Archives: February 16, 2010

It was to be expected. But Paul Krugman, Nobel prize winning economist and chief Gordon Brown cheerleader, has revealed that we have another letter heading our way on how fast to cut the deficit.

There’s an economists’ duel underway in Britain. Everyone agrees that Britain needs to address its underlying budget deficit; but how fast? One group of prominent economists has published a letter saying that cuts should start more or less immediately.