US-UK summit: a tale of two economies | Editorial Tue Mar 13 2012(2 days ago) from Business: US economy | guardian.co.uk At their press conference, Cameron and Obama will probably spend as little time as possible on the most significant disagreement between them: economics At their press conference, David Cameron and Barack Obama will probably spend as little time as possible on the most significant disagreement between them. It is not over Afghanistan or Iran, Syria or the Falklands. It is over something much closer to home: economics. For all their smiles and handshakes and jointly written op-eds, the Conservative prime minister and the Democrat president sit on opposite sides of one of the most important issues of our times: whether the public sector should be spending more to stimulate the economy. Almost as soon as he took office, Mr Obama encouraged his G20 counterparts to provide more stimulus – and failed to find many takers. For his part, Mr Cameron has … [Read more...]