[Ignitionnet]

With the protestations so far you'd think they already were.

Not actually that far away relatively, the coalition isn't going to do enough, they will bring borrowing back below GDP growth by 2014 according to the OBR. So we will still be accumulating debt, just by then predictions are that debt will be shrinking as a % of GDP.

By this time of course depending on which measure you look at the UK's debt and unfunded liabilities then add up to anything from around 80% of GDP to 400% of GDP.

Government and individuals lived beyond their means over the past decade. Government is going to, in a small way, start working towards living within its means, individuals have to do likewise.