http://www.theguardian.com/politics/2015/jun/10/george-osborne-public-finances-victorian-valuesThe chancellor will use his annual Mansion House speech on Wednesday to exploit the political advantage of the Conservative victory in the general election with a “new settlement” that would allow the government to borrow only in exceptional circumstances.
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Governments were expected to at least balance the books in the 19th century and in the first three decades of the 20th century, when the public finances were run on the Mr Micawber principle that income exceeding spending equalled happiness and spending exceeding income equalled misery.
Osborne will drive home his desire to bring back the days of sound finance by announcing he will convene the first meeting in more than 150 years of the committee of the commissioners for the reduction of the national debt.
Set up by William Pitt the Younger to help repair the damage to the public finances caused by the Napoleonic wars, the body last met in 1860 when William Gladstone was chancellor. Commissioners include the chancellor, the governor of the Bank of England, the speaker of the House of Commons, and the lord chief justice.
I for one am glad to see that our economic policy is being dictated on the realities of the world today and not through some insane ideological beli-- oh wait, damn.
The fact that he's directly trying to drag Britain back to the Victorian era, and has already laid out commitment plans to slash public spending to levels pre-WW2 (when there was no NHS, for instance) is just...

I'm seriously thinking it might be time to start stashing my cash under the bed rather than trust the bank will continue to even be there in a year or three.