Call Me Dave has spoken and now sees the horrible truth viz-a-viz the hole in which Britain's finances have disappeared. Richard North, EU Referendum, has posted on the fact that Call Me Dave seems 'taken aback' by the scale of things, yet thoughtful, well-informed people have been saying this for some time - witness Burning Our Money back in March and Christopher Booker (linked to in Richard North's post) back in April.
In his speech Call Me Dave says: "We have known for a long time that our debts are huge. Last year, our budget deficit was the largest in our peacetime history. This year – at least according to the previous government’s forecasts – it is set to be over 11 per cent of GDP. Today, our national debt stands at £770 billion. Within just five years it is set to nearly double, to £1.4 trillion. That is some £22,000 for every man, woman and child in the country. We knew this before." Err, if he 'knew this before' one has to ask why the feigned surprise?
On a personal note, I do wish politicians would not give us all this ''And I make this promise to everyone in Britain: you will not be left on your own in this. We are all in this together, and we will get through this together" crap! It is a tad easier to suffer the pain on £65k (especially when receiving subsidised food and drink in parliament watering-holes), £100k or £150k (and even more if you are head honcho of a quango only having to work two/three days a week) than it is on just a state pension!