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The Cameroonians are also trying to do something about the tangle of regulation that costs the British economy around 10-12% of GDP. A neat scheme whereby any new rule would have to show a net decrease in regulation was shelved after civil servants gamed the system. One of Mr Cameron’s advisers, Oliver Letwin, is now working on another plan. But not all the regulation is domestic. A British Chambers of Commerce study of 144 new rules in 1998-2010 put the total cost at £88 billion, of which two-thirds was attributable to European Union legislation.
Implementation is crucial: unless reform of the state is seen to be equitable and effective, citizens will not accept it. But with that huge caveat, two things stand out. First, the government’s breadth of ambition is impressive—even set against that of Mrs Thatcher, who did far less in her first year. And second, most other rich-world governments will have to do something similar soon. That is partly because of their fiscal situation: even America will have to start reconciling its revenues and its spending in the near future. And once you start to cut, you need to decide what should go and what should remain. Mr Cameron, for all his haste, is at the front of a great wave. In that, he resembles Mrs Thatcher—and those great reformers of the 19th century.

A. 어휘
Cameroonians 現 영국수상인 Cameron의 지지자들.
tangle 얽힘, 紛糾(분규). regulation 規制(규제). whereby=by which
net 純量(순량), 正(정). shelve 보류하다, 깔아뭉개다, 선반에 얹다.
game 절름발이로 만들다. domestic 國內(국내)의.
Chambers of Commerce 상공회의소. attributable to ...탓인, 기인하는.
legislation 입법, 법률제정. Implementation 履行(이행), 遂行(수행).
crucial 아주 중대한, 결정적인. equitable 이치에 맞는, 옳은, 공정한.
caveat 소송의 절차 정지, 豫告記載(예고기재), 경고, 주의.
stand out 눈에 띄다. breadth 폭, 넓이. fiscal situation 財政(재정) 상황.
reconcile 중재하다, 일치시키다, 화해하다, 甘受(감수)하다.
revenue 歲入(세입).