Re: Paranoid, moi?
Oh please. The deficit existed because of the global economic collapse. It was always going to shrink massively as the economy recovered. Fuck all to do with the Tories, who's cuts have more likely slowed that reduction. Any government with it's own sovereign currency and a huge economy like ours could have ridden out the last decade no problem. The debt that accrues from these deficits isn't eliminated by paying it back so much as it is inflated away.