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  Alexander - I have said many times the fact that other countries did the same foolish things the UK did is not an excuse.
  
  We had 13 years of a Labour government who inherited what Blair admitted was a 'golden legacy'. The economy was set firmly on the growth cycle, the deficit built up during the previous recession was on a steady downward path, Savings were at an all time high and we had the best funded pensions system in the world. The banks had sensible regulation and there was a firm control over public spending.
  
  Over 13 years Labour blew all that through sheer spendthrift incompetence leaving us in a shocking position and the worse domestic recession we have had for 80 odd years.
  
  'Books other than Keynes' - Alexander, I am talking about the economist who influenced the UK economic development from 1945 through to 1979 and again from around 1990. Not some 'bbok' though it would benefit you to read up a few books about economics. I am not a Keynseyan, I prefer the Austrian school of economics that influenced Germany's recovery from 1945 and the 1979-1990 period in the UK. Brown claims to be a fan of Keynes yet he ignored the inconvenient part of Keynes dictum leaving us in the mess we are in.
  
  Because of the position Brown had left the country in 2010 there is no choice but to cut public spending, we were not in a position to do otherwise with a massive deficit at the start of the downturn. To carry on with no deficit reduction plan would have been suicidal and would have caused a Greek style meltdown. Public spending at this level is the problem.
  
  The problem is it was not cut deeply or fast enough.
  
  Even so, you might note that overall unemployment has gone down in the UK since the cuts started....

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