Chancellor George Osborne delivered a hike in VAT and slashed welfare spending as he moved “decisively” to tackle Britain’s record debts.
Presenting his first Budget, he promised “tough but fair” action to wipe out the structural deficit within five years.
A preview of coming attractions on this side of the pond.
#1, you just need to have a little faith. If we only keep the stimulus coming we’re sure to see the light at the end of the tunnel. Of course, that light is probably the headlight of a big, fast freight train getting ready to turn us into a grease spot, but at least it will be resolution. And it certainly keeps us faithful to Obama’s Socialist ideology. Nothing can be more important than that!