The post you are reporting:
I suspect David is right Howard, a common mistake confusing deficit for debt. The deficit is the excess of spending over income and is adding to the total debt figure.
One confusing thing is that there are several ways in which the deficit is expressed/measured.
Here are some figures (taken from the Guardian, a paper you are likely to approve of), in fact you will see that on all these measures the deficit has reduced.
Deficit including financial intervention: 2010 -£82,245million 2011 -£62,825million
Deficit excluding financial intervention: 2010 -£104,933million 2011 -£92,288million
Deficit as net borrowing including financial intervention: 2010 -£123,081million 2011 -£94,288million
Deficit as net borrowing excluding financial intervention: 2010 -£145,998million 2011 -£123,842million
Intervention being QE.
These are staggering figures with number that are impossible to fully comprehend.
