"The problem is that the Americans and the European leaders continue to define what produces growth in different ways --- differences that have a parallel in the domestic debate between Mr. Obama and Republican lawmakers. Ms. Merkel [German Chancellor] and Mr. Cameron [British Prime Minister] say that reducing deficits and debt to reassure lenders eventually will bring growth. The Americans say that the United States' recovery shows that, in a crisis, stimulus should come first and deficit reduction can follow once growth is restored."
-- British Day economy article, 6/16/13
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