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Cameron Warns Britons of 'Decades' of Austerity

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"Prime Minister David Cameron said Monday that Britain’s financial situation was “even worse than we thought” and that the country would have to make savage spending cuts to bring its swelling deficit under control. Prime Minister David Cameron spoke at The Open University accompanied by Chief Secretary to the Treasury Danny Alexander, right, in Milton Keynes, England on Monday. Stern and grim-faced in a speech in Milton Keynes, just north of London, Mr. Cameron said, “How we deal with these things will affect our economy, our society — indeed our whole way of life.” “The decisions we make will affect every single person in our country,” he said. “And the effects of those decisions will stay with us for years, perhaps decades, to come.”'"
SOURCE:   New York Times