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In his New Year message, the prime minister admitted that 2012 would be "difficult" as the economy struggles and household finances are squeezed, but he insisted the coalition "got" the problems and would do more to help people through them.
Matthew d'Ancona of the Sunday Telegraph says it is interesting to see Cameron being "careful" about how much he promises, adding that the New Year speech was a halfway point between realism and fatalism.
Andrew Rawnsley of the Observer says the Prime Minister is right to not "count too many chickens" because the economical environment is so "febrile" and "unpredictable".
The "big political question" for him, Rawnsley adds, is whether voters continue to give the government the "benefit of doubt" on the economy.