Britain was already in fantastic debt when Labour came to power. The whole Lawson Boom was done with borrowed money, and That government didn't even begin to pay back the money that they had borrowed from world banks. The "news" makers loved Her and we were never told about the economic devastation that She and Raygun were planting the seeds for. Now, that plant is flourishing & hard times are widely predicted. The recession will come, it may be bad, but the coming election will determine just how bad we people are told it really is. If blue win, there'll be a royal wedding to hide the whole event. If red win, we'll actually be told about the suffering caused by Her government's policies from so many years ago, and then some. It depends upon who wins the election as to whether we suffer the worst slump ever or just a down-turn in consumption. Such is the nature of the "news".