Tuesday, October 09, 2007

Oh Darling !

Tom Stevenson writes in the Daily Telegraph today:

    Britain now has the worst Budget deficit among the core EU members for the first time in nearly 40 years. After years of above-trend growth, a persistent deficit of more than £30bn is a sign of shocking profligacy.

Now this is going to hurt - but Labour minister will be OK as they have inflation proof, stock market proof risk proof financial rewards and one of the most generous pension schemes in the world.

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