For those of you who watch Andrew Marr, and saw the John Major interview in December, which can be found at
BBC NEWS | Programmes | Andrew Marr Show | 'UK economy is a train wreck'
It is a very good interpretation of the current situation. The numbers used to describe the situation the present govt has got us into in terms of debt and the debt repayment is horrifying.
This statement left me cold "...after 12 years of Labour government we now have a level of national debt that is the same as we had after 6 years of world war. That is the scale of the indebtedness and the problem we're in."