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You carry on with party politics mate, I look at the figures and come to my own conclusions. Our economy is still rated as a safe bet for investment, our borrowing rate is still only 2% for govt bonds. The entire worlds debt mountain is precarious, but as it stands, ours is stable..... 1.4...

.....and still the deficit has reduced.......

Hilarious.....in the first paragraph you trot out a series of predictive statements as fact about what would have happened to the economy.....then in the second para you put in an unconvincing fact versus opinion disclaimer......must try harder.

Dress it up how you like, with straw clutching caveats and political bias,.... it all still adds up to a reducing budget deficit.

I don't care who would have done better, I was responding to deficit comment, I think a reduction is a reduction, one third reduction is not bad given the economic conditions.

The last 5 years are from 2009 ish.. This years is forecast at 93.7bn In 2009/10 it reached a peak at 167bn http://www.economicshelp.org/wp-content/uploads/2013/09/net-borrowing-96-12-600x531.png

But the deficit IS 33% less than it was 5 years ago......simple facts,....I don't deal in rhetoric like you.......

......do you mean the figures that clearly show that the deficit has reduced by a third over the last 5 years?