British Prime Minister David Cameron and U.S. President Obama are scheduled to meet on July 20 at the White House. The issue of how the two leaders can take joint steps to spark greater global economic growth will be a major topic of discussion.
Reevaluating Foreign Assistance Agendas
As revealed during the G-20 meeting in June, the two countries have adopted profoundly different strategies for turning their domestic economies around. While Obama, with his short-term vision of an economic recovery, urged other members of the G-20 to maintain or even further increase deficit spending, Cameron has proposed a dramatic series of domestic spending cuts in order to arrest record deficits and secure a more sustainable economic future.