August 22, 2009

There is no money left

As Michael Ben-Gad, deputy head of economics at City University, so eloquently put it on Friday: "Whoever gets into government next will have to make very large cuts in services and also raise taxes. You'll end up with US levels of services and Scandinavian levels of tax."

When the Tories get in they will be cutting services, they will have to because there is no money left. So when that happens the lefties should remember that it is happening because there will be no money for services is as they had already spent it. They won't of course.


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