Why is deficit so high?
WHERE has all the money gone? The British voters might reasonably ask why the budget deficit in Britain is double the euro zone average.
It is not because of high unemployment because compared to the euro zone Britain has reasonably low unemployment.
Britain’s budget deficit is 4.4 per cent of GDP. This is exactly double the euro zone average.
The Conservative Government need to explain why, with reasonably low unemployment, Britain has the highest budget deficit in the EU.
The voters need to ask this Tory government: “Where has all the money gone?”
STEVE HALDEN Beaufort Green Swindon
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