Mar
27
Sunday Roundup

I was in London this week, where the news was filled with images of Finance Minister George Osborne pausing outside 11 Downing Street with a replica of the red “budget box” that has been used to carry budget papers for the last 150 years. Inside the box: a new budget calling for the slashing of government programs and an embrace of massive debt reduction — even while the British economy continues to sputter. The next morning, in an editorial meeting at the Guardian, I listened as story angles were discussed: economic growth is slower than expected; unemployment remains higher than expected; the deficit will be higher than expected.
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