Mark Littlewood writes for ConservativeHome
To consider the upsides first, the review does underscore the determination of George Osborne – and the Government more widely – to depart from the reckless spending largesse of recent years. If we were hurtling towards a Greek-style meltdown, this has most probably been averted.
Both the Conservatives and the Lib Dems have shown some courage in departing from their wildly optimistic manifesto pledges to face up to economic reality. This may raise issues about how – just six months ago – a wide-ranging discussion about public spending was essentially ducked in the General Election campaign, but at least we have a government that seems to be dealing with the world we actually live in, rather than the world as they would like it to be.
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