Whilst British politics is usually characterised as being more left wing that the United States, compare the very real cuts in public spending being made by the very centrist coalition with what is on offer from the Republican Party in the upcoming midterm elections.
Even propelled on a Tea Party inspired wave, the GOP's platform pretty much rules out any cuts in spending, with promises to protect the most bloated areas of federal spending- social security, medicare and defence.
When you're being outflanked on fiscal conservatism by a coalition that includes Simon Hughes then it is hard to believe that the likely electoral success of the Republican party in November will mean any real change from the big spending ways of Obama.
Interesting definition of optimism
58 minutes ago