Yet another disappointing report from Government Agencies on Cornwall's performance. Will make the local and national news today. Does anyone realise that, in the main, this all relates back to the Liberal Democrat run Cornwall County Council? The LDs seemed so busy, in conjunction with the Labour Government, in forcing a Unitary Auithority on Cornwall that they appear to have forgotten about the day job of providing quality services to the residents.
Now, today, the Labour Government are showing what an absolute mess they have made of the UK's finances. Without good fortune over the next few months we run the risk of going 'cap in hand' to the IMF for a bail-out. Already we have seen problems in Dubai and, yesterday, Greece. The cost of insuring UK debt is rising and if the rating agencies move us below 'AAA' then the cost of Government borrowing will rise and the pound will plunge.
Nobody has a magic answer. Only the Conservatives are willing to tell the public that we are in a mess. The only way out will be painful.
At least there is Christmas to look forward to........
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