Gordonomics in action: Spend more than you earn.

Go see if you can work out what the long term problems to our economy might be, if any Labour voters are reading this then go ask someone who works in the private sector....

Central government current receipts in February were 9.8% lower than in the same month last year.

Central government current spending in February was 6.5% higher than in the same month last year.

Reminds me of something I read in school many years back:

From Shakespeare's Hamlet, 1603:

LORD POLONIUS: 
Neither a borrower nor a lender be; 
For loan oft loses both itself and friend, 
And borrowing dulls the edge of husbandry.

Maybe that's why Shakespeare has gone out of fashion with New Labour, just sayin is all...

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