Tuesday, 22 January 2013

Wheels are coming off George's austerity programme

Frase Nelson has a very telling graph in his blog. I reproduce it below: It shows spending running over OBR forecasts and tax revenue running under forecast.

So its bad news all round for wee George. His beloved AAA rating might not survive. It all goes to show trading with the Eurozone is not good. Austerity it is not.


Mike Bridgeman said...

That should please the French

Eric Edmond said...

Mais Oui. More stink coming across the Channel