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Saturday 13 March 2010

Cutting the deficit


Why does nobody point out to Gordon 'Brownie' Brown that cutting the deficit in half means that the National Debt is still increasing by over £100 billion a year for three of the next four years and by £100 billion in year four. By not pointing this out, interviewers are allowing Gordon Brown to persuade people that total debt is being reduced not the annual deficit - there is a difference and that difference needs explaining.

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