I guess one of the real challenges is that deficits are a tax on future generations. As to debt, think of what we could do with all the money we're spending on interest every year. I visited your constituency, and the number of people talking about community safety and the need for tougher criminal laws is incredible—and more resources for our police.
I think we have a responsibility to leave the country in better shape than we found it. Certainly my generation is going to have to work awfully hard to do that, because previous governments have left it in bad shape.
To be honest with you on the fiscal situation, I don't think anyone can wear lily white. Governments of all three parties have borrowed too much and taxed too much. We have to keep our eye on the ball of that simple goal: how do we leave the country in better shape than we found it?