True socialism is the answer

[Eric Cartman]

Sludge

The Tories inherited a deficit of 157bn - more than 10% of gdp. Unless they cut the deficit to nil by slashing public services, the debt was always going to rise.

It is true that they failed to reduce the deficit over their first parliament - something like the economy is far to difficult to forecast. However now that the deficit is nearer 2% of GDP and debt being around 80% of GDP, the aim now has to be to bring the debt down with less focus on the deficit.

And for that we rely on economic growth, which is forecast to be practically non-existent.

I know you get this levelled at you a lot but it does feel like they can do no wrong.