Cameron should know that money in pockets, not austerity, brings growth | Simon Jenkins

David Cameron's idea for lifting Britain harks back to 1930s Bank of England dogma. What we need is a cash injection

David Cameron is right. The government must tackle the deficit while securing growth. The G8 in Washington agrees with him, so do Europe's finance ministers, so does the IMF's Christine Lagarde, so intermittently does the Labour party. If so many people agree, what is the problem?

In reality Britain, and much of Europe, is chasing deficit reduction so hard that growth eludes...