The Observer view on the reopening of the economy

Now is not the right time for the government to step back and abandon targeted financial support It was trailed as a desperately needed cash injection on the scale of Roosevelt's New Deal. Yet when the prime minister set out his plans for infrastructure investment last week, they amounted to a tiny fraction - less than £100 per head - of the more than £4,000 per person spent by the US government after the Great Depression. The chancellor is expected to set out more detail this week on what he ...