Isn't it ironic that the parties are now vying with each other over cuts?

Clegg says LibDems cuts would be "savage" (mind you, since they won't get to form a government he could say what he likes) and now Balls is saying he'll cut £2bn from education. The Tories meanwhile are keeping quite, but it won't be long before they announce their cuts.
Of course our finances are in a complete mess, and I do think that pubic expenditure must be reined in, but they need to be very careful. If the economy gets too weighed down with cuts and increased personal taxes, the total tax revenue to the Exchequer will plummet, and we then enter a vicious circle of less and less revenues and a steady worsening of the economic health of the country.

Somehow, they need to find a way of getting the economy booming again.
All very ironic given that the last few elections have been fought over increased spending plans.
