America at present, like the proverbial summer grasshopper, is doing more frittering than stockpiling.

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In the 2000 campaign Mr Bush claimed tax cuts were necessary to stop Congress frittering away the surplus.

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Mr Abbas, they say, knows he will not find a more sympathetic American president than Mr Obama, so fears frittering his time away.

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He made a good start to his second round, "I was only four off the lead at one point, " he said before the shots started frittering away.

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Unfortunately, the story fuels the perception of out-of-touch athletes living for the moment, out of touch with reality and frittering away money they will need later on in life.

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"The economy is showing signs of improvement, but the main political parties risk frittering this opportunity away if they don't provide clarity for businesses now, " said Alex White, a partner at BDO.

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"It's time to stop frittering around, " says Keller.

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