UK Cuts, Should Have Cut More

The U.K. Budget Cuts: Lessons for the United States, Heritage Foundation WebMemo #3043, with Nile Gardiner and J.D. Foster, October 26, 2010. "The British cuts will be closely watched by policymakers in the United States, who are keen to address the bloated budget deficit on this side of the Atlantic. And with good reason: Public spending in the U.S. has ballooned in recent years, and America is heading for a rude awakening of Greek-style proportions unless it reverses course—and rapidly. But for several reasons, the U.K. cuts cannot simply be used as a blanket role model for the U.S. to follow."