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  PaulB - You cannot wish the deficit away... If you do not take action on that then those who lend the government money will demand higher interest rates.. imagine what that would do, higher mortgage rates, less spending power, business borrowing up so less profit, less taxes - a wicked circle. You cannot get away from the facts of life.
  
  There is no such thing as a free lunch.
  
  We have to face the deficit problems and get over the pain to move forward.
  
  The government needs to cut public spending more, and boost growth by cutting taxes and relieve businesses from red tape.... This is the way to shorten the pain. My beef with Osborne is that by not cutting enough quickly enough he is lengthening the transitional period.

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