Seriously? Go in, day 1, do it. Take an axe to spending left right and centre. In particular, axe some whole programs, rather than trying to trim everything. Welfare, pensions etc goes in the blender… (View Post)

Yes they did. Every time they elected a government whose priorities were spend, spend, spend, rather than balancing the books, they were voting to increase the power of the bond markets. Granted, tha… (View Post)

Three considerations on that. 1) We currently are sat on a mountain of debt equal to around 100% of gdp. If we started running a modest surplus tomorrow, say £50bn/pa, it will be literally several li… (View Post)

The IFS (so a left leaning think tank, but capable of doing sums) did a podcast on the UK's electricity position last week, which should be required listening for all the relevant politicans. II… (View Post)

Ah, yes. The immigration ponzi scheme. "Keep importing more people, because without population growth, we can't afford to look after the old people already here." It's a complete … (View Post)