So, we’ve now lost our “coveted” AAA rating. About time too. Why? What with all the CUTS? Surely our debt must be going down, yes? Those poor teachers having to teach sitting in a hole in the ground, the hospitals A&E wards closing, hundreds of thousands of lesbian outreach co-ordinators being sacked*, council services such as bin collections now being on a “can I be arsed” basis?
Little bit here, guys. The DEFICIT is the rate of increase in debt, not the total amount of debt. Or even repaying some of it. Oh no.
Anyway, what are their plans exactly? Nope, I can’t think of any, can you?
So, how goes the DEFICIT… Must be flat, surely, or coming down a bit.
Oops. Nope. It’s going up and up and up and up. And this is per month.
I wish there were some cuts.
*er, no. We have more of them. They are core services.