CUTS WORSE THAN 1980's

New Labour Chancellor Alistair Darling has promised post-election public spending cuts 'tougher and deeper' than those of the Thatcher days in the 1980's. The Conservatives will cut even more than Labour. If the Lib Dems hold the balance of power in a hung parliament, I suppose we can expect cuts somewhere between New Labour and Conservatives.

What have we done to deserve this?

Well, nothing actually.

It's the pay-off for the financial crisis caused by the banks, and the rescue by, er.... you and me.

We won't have to wait very long after the election before the full horror of the cuts is revealed: just 50 days if the Conservatives win; in the autumn if it's New Labour, so they tell us.

It's starting to look a bit like turkeys voting for Christmas.