Fiscal stimulus is not the answer

Mark Littlewood appears on the Daily Politics

Mark Littlewood argued that the UK should not follow the same economic path as the United States

He said that it is an enormous myth that fiscal stimulus is the solution to economic problems. Obama is not pumping a huge amount of money into the economy and Osborne is adding same amount to our national debt year on year despite claims of austerity.

The reasons the US economy is bouncing back to a larger degree than the UK's is not therefore due to spending.

Watch here.