Although many in the United Kingdom thought that the Conservative Party would ultimately lose control of the government to a coalition of the Labour Party and the Scottish National Party in the recent election, Prime Minister David Cameron and his Conservatives won an outright majority of seats in parliament and will be stronger than in their former coalition government with the Liberal Democratic Party. Most Americans probably don’t pay much attention to British elections, but perhaps this time they should.
Instead of using Keynesian economics, massive new government spending leading to or aggravating budget deficits, and money printing to artificially …read more
Source: The Huffington Post