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Why we have one up on the formerly mighty Blighty

Whether they keep their jobs or not, some UK politicians may have to eat their words after Britain's general election of May 6. And if they stay in government, they may wish they hadn't.

Unlike Ireland, Britain has failed to grasp the nettle of fiscal correction, postponing the day of reckoning and making sure that day will be much worse than had timely action been taken.

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