Let Jesus Set You Free! (LJSF) Ministry

http://www.worthynews.com/top/online-wsj-com-article-SB10001424052748704178004575350901919366406-html/

The U.S. and U.K. have two of the highest budget deficits in the world, but while Britain's newly elected government has embraced austerity in a bid to quickly cut the deficit, Washington continues to bang the drum for more spending, saying it is essential to rescue the global economy.

Other European leaders, notably German Chancellor Angela Merkel and European Central Bank chief Jean-Claude Trichet, have echoed the British approach.

But given the similarities of the so-called Anglo-Saxon economies, the contrast in the U.S. and U.K. approaches is most stark.