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  Do get real Alexander.
  
  #10 Tom - tommy-rot indeed, yours. Only the government was responsible for the level of public spending, failing to close the deficit during the 'long boom'. Only the government was responsible for delivering the inflation brief to the Bank of England that held interest rates too low for too long creating a private debt bubble and property bubble. Only the government was responsible for raising more and more taxes, by stealth or not. I could go on about the discouraging of savings, the taxation of pension funds, the sale of gold etc etc. All of which added to the main errors I referred to. You cannot blame anyone in the private sector for any of that.
  
  Did you not watch the programmes about Keynes and Hayek to wise up on how these things work? I may disagree with Keynes but if Brown, the Keynseyan, had properly followed all of Keynes theory and not just the bits that suited him we would not have been in such an appalling position when the downturn started.

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