Hasty action on public spending would jeopardise economic recovery.

The prime minister hasn’t got any reasons for denying left: Britain does have some serious problems fiscal problems. Public borrowing exploded from 3% of GDP to over 12% of GDP. The national debt will double between 2005 and 2014.
The reporter questions how soon the government should attack the growing fiscal problem.
Also, he states every finance minister and central bank governor agree it’s too early to start reversing the macroeconomic stimulus programmes.