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  Howard: ""all we seem to hear lately is about book balancing, nothing about young people with large mortgages and bills that had already moved into negative equity before the latest bombshell.""
  
  Pity Labour did not think of that before:
  1/ Changing the banking regulation to the crazy tripartied system.
  2/ Discouraged saving and investing
  3/ Keeping interest rates too low for too long encouraging increased private debt just to provide an illusion of growth
  4/ Carried on borrowing like mad in the economic growth cycle when borrowing should have been paid back
  5/ Hampered business with red tape and excessive taxes
  6/ Sold off gold reserves at the bottom of the market
  7/ Undermine and rob pension funds
  8/ Claim to have re-invented economics by banning boom and bust
  
  Because of this the UK economy is first into recession and is likely to be last out of it. Long term solutions based on sound money are needed not short term stimuli that will then be taken back, plus interest, just as the economy starts to pick up again.
  
  Other countries are using stimuli and there is nothing wrong with that but they are choosing different ways to do it. Labour unfunded approach is the disaster we have here. We too need to stimulate the economy but this Government is doing it the wrong way.
  
  By the way howard, far from rattled I am enjoying the desperation of Labour to defend their wrongdoings. The behaviour of Labour backbenchers and whips in the Commons yesterday, trying to drown out debate, was utterly disgusting and is a demonstation of just how weak the Government case is for its budget.

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