The post you are reporting:
This whole deficit reduction 'confusion' reminds me of the old joke...
"A man is jumping up and down vigorously in a surgery waiting room.
"What are you doing," someone asked.
"I forgot to shake the bottle before I took my medicine."
The correct thing to do, even when such medicine is vital to effect a cure, would be to make-up the prescription to the the original formulation by adding more 'liquid' (equal to the - wrong - dose taken) and never again forget to shake before taking it.
So far, it appears to me, only the first part of the 'correction' has been done, 'we' still refuse to shake the bottle.
The thing to do, getting back to the original problem, is to apply the next dose of QE directly into the economy. That is, to create jobs that pay. We have, so far, devalued the Pound by 25 to 30% and in so doing only compensated the wealthy for the reduction in their spending-power. This MUST end.
Let us not forget that with all this talk of cuts there has been no reduction in borrowing.
I'll come back to the issue of the next election at a later date.