"So whatever happens in the election ….. we get fiscal consolidation come what may. We will experience something on a scale that this country has never experienced in peacetime, of a quite different order of magnitude to the cuts under Margaret Thatcher. It will be an unenviable inheritance; and what worries me is that people have no idea - no idea at all - of the scale of the cuts, and probably tax increases, that have to happen."
Independent on Sunday 21/02/10
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