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The splurge has lifted spending to 42.5% of GDP in 2006-07, nearly two percentage points higher than in the Conservatives' last year in office.Mr Brown's decision to forsake prudence was doubly unwise.
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In an election year, though, German Chancellor Angela Merkel is not likely to forsake the fiscal prudence that has helped make her popular among debt-averse voters.
After the long splurge when Mr Brown forsook his early fealty to fiscal prudence, real growth in total spending will halve to 2.1% a year until 2010-11.
Prudence Bushnell.
Forsake all others.
Prudence is his watchword.
But then prudence intervened.
Prudence is the watchword.
Curatorial prudence, people!
So much for prudence.
Germany will not forsake France.
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Justyna Jupowicz-Kozak
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