You - and most of the press (Telegraph and City AM notable exceptions) - totally miss the point. We have a vast national debt caused by Blair-Brown-Darling. Dealing with the massive deficit has got to be tackled but this barely touches it. It does absolutely NOTHING to reduce our debts, merely adding to them slightly more slowly. Then again £11 bn is promised for departmental cuts but when you add them up they don't get near that figure only totalling £6.8bn. The details are what the hacks write about because they swallow the propaganda. For intelligent comment just look at the Telegraph's headlines --- "Edmund Conway Budget 2010: The City's verdict was swift and damning Jeremy Warner The painful truth that Alistair Darling failed to mention Roger Bootle Darling's 'pie in the sky' Budget avoids the key issues I'm sorry that Politics Home is down there amongst the ignorant crowd.

What absurd nonsense - it is really sad that economic illiterates like yourself bother to blog. The economic crisis we have now was caused by a world wide financial crisis caused by unregulated free market capitalism. If you are not able to grasp this most basic concept put your head in a bath of ice and ten do some studying. Try to find out what the difference is between the deficit - the structural deficit and government debt. While you are at it study what the level of debt of comparable nations is. Finally look through the history books of the previous 3.5 centuries at levels of debt, after that feel free to blog.

So says Simon Castle - the Labour supporting blogger. LOL  Of course, it was nothing to do with 13 years of fiscal mismanagement by Gordon Brown and his "No more Boom & Bust" mantra.

The same Gordon Brown who removed the checks and balances of a perfectly functioning regulator and replaced it with the pathetically weak FSA who allowed "virtually unregulated" City slickers to over inflate the economy until it burst! HELLOOOOOO!!!  The whole "Junk Mortgage" market was dreamed up in the CITY OF LONDON and exported to America and elsewhere, thus causing the world wide slump - it was BORN HERE dufus; it didn't just materialise out of thin air.

Perhaps YOU should go away and do some reading before you try 'spinning for Labour" again.

Bloody lightweights.

Can't wait to see you try to 'spin away' Gordon Brown cutting deeper than Thatcher ever did.

the name silent hunter says it all

Simone; you're too kind. :o)

BTW - I've told you before; it's bad form to recommend your own comment LOL

Are you sure you know what your talking about Simon ?

http://www.hm-treasury.gov.uk/better_regulation_action_plan.htm

Simon - Can I smell Tory desperation amongst all the other commenter's on this thread. They must have read the latest marginals poll....Silent Hunter, I can feel your pain :-)

Red Rag: Sorry to disappoint, but as you know, I don't vote Tory. However, as an ex-Labour voter, I don't have the tribal instinct that allows me to ignore my conscience and support a repressive, authoritarian party that the Labour Party has become - I mean c'mon! . . . even Darling admits that they're even meaner than Thatcher was; and that's really saying something. LOL

Time you tribalist Labour supporters took a look at your own conscience and asked yourselves - "Is this really what I expected after 13 years of a Labour Government . . . A LABOUR GOVERNMENT? FFS???

You can see how ordinary German people 'allowed' Hitler to come to power when you see people such as yourselves able to ignore the facts and pretend that Labour are all sweetness and light.

Ask yourself Red; why has the gap between the richest and the poorest in our society increased under a Labour Government?  Hmmm?  How has that happened eh?  Any ideas mateyboy?

Yeah; you just keep voting for the master-race pal - some of us have a moral agenda to follow.

Looks like the budget has gone down well....Yougov daily poll......initial results say Labour in front for the first ime in months, still a few hours of polling to go though.