Well, let's just say that I'm not holding my breath in anticipation of British PM David Cameron's promised spending cuts.
Deputy PM Nick Clegg, a Liberal Democrat, likely will stand in the way of any serious reform, as will the public-sector unions. Now comes word that George Osborne, Chancellor of the Exchequer, wants the British public to get involved
by, among other things, submitting ideas online, which proves that silliness in the face of problems demanding serious thought knows no national boundaries.
On the other hand, Cameron deserves credit at least for starting a serious discussion. If his leadership combined with lessons learned from Greece help put the British people in a belt-tightening mood, then the coalition government might yet succeed in bringing fiscal prudence to the UK. It's a situation worth watching.