An Erie Echo?

David Cameron, UK Prime Minister, recently stated that debt was not a sound basis for an economy.  He warned that most EU countries already have national debts that are sinking their economies and most are borrowing about 8% again this year.  He said that what is needed is smaller government, paying off the debt, and promoting private sector jobs.  Cameron stated that  a sound economy is based on savings and manufacturing … not on massive debt and government spending.   Hmmmm … sounds vaguely “teaparty-ish” to me!  Who would have thunk it?

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