
The debt counter is ticking
Sky News’s coverage of the recession has today taken on a powerful new dimension: a ” debt counter”, starting today, counting in real time how much extra debt Gordon Brown is saddling the public with during the financial year 2009/10. It started at zero at 7am and it’s rising at £4,800 a second as per today’s report from the IFS. This will drive home – in stark, simple terms – a major facet of this recession: the deferred cost to the British public when government refuses to cut spending. I suspect that Brown will be hurling his slippers at the TV screen because he is rather depending on national debt
