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In London, you know what Prime Minister David Cameron is about: rowing back the state and slashing the deficit.
Consequently, it is somewhat heretical to hear Mr. Romney express grave concern about the potential economic impact of embracing the conservative consensus and slashing the deficit quickly.
Since the government is committed to slashing the deficit, it expects the private sector to finance almost two-thirds of projects to 2015.
Republican lawmakers demanded the cuts last year as part of their brinkmanship over the debt ceiling, and business lobbies have generally supported slashing the deficit.
At the same time, Washington, despite its political paralysis, has proved remarkably successful at slashing the deficit through a variety of tax increases and cuts in domestic and military programs.
Slashing the deficit quickly is essential to ushering in a sustainable future, they have argued, and the resulting social pain is necessary to impress on Greek politicians and society that such excesses should never happen again.
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Mr. Osborne proposes to slash the deficit to 1.5 percent by 2015.
They had slashed the deficit from 6-0 to 6-4.
He wants to trim regulation, cut taxes and slash the deficit.
Osborne promised to have slashed the deficit from £149bn to £60bn by now.
So Mr. Ryan basically told the budget office to assume that his plan would slash the deficit, then claimed the resulting report as vindication of his deficit-slashing claims.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com