David Cadman

Of course we have to reduce our levels of personal debt and reduce our spending if we are to allow the economy to find its new form.  Cameron was right to say so and wrong to recant!  It would seem that the new economy requires that we consume less, and reduced spending is exactly what is needed.  In the meantime, those of us with more than enough must help those most in need.  If a short period of higher taxation would help, we should be happy to accept it to “do our bit”.  The benefit in the medium term is for us all.