But phasing in austerity more gradually, and thus back-loading the adjustment, would have posed less risk to the economy’s anemic recovery while maintaining a credible commitment to fiscal consolidation. Instead, the government could well end up with no plan B in case plan A – massively front-loaded austerity – leads to a double-dip recession.
当然，英国在财政政策领域玩火，需要采取某些早期的紧缩政策。 但逐步实施紧缩政策能够延后调整给当前脆弱的经济复苏所造成的威胁，同时也保持对财政整顿政策的合理关注。 相反，政府完全可能在A计划——大幅提前的紧缩计划导致第二次衰退时根本没有B计划可用。