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I'd point out that the UK's GDP growth predictions... even lowered actually aren't that far off the US.

EVERYWHERE regardless of strategy seems to be stuck at ~1-2% GDP growth.

Even if you think the debt spending is making the difference... why kill yourself for 2%, building up a future huge disaster?  When you could have 1% and have a safer future?

Espiecally if nearly all that 1% is a boost soley due to government spending!