Not having a go at anyone here, but the following quotes touched on something I think most ordinary people have a great deal of trouble getting their head round:
Not my fault; had a job and no debt until the recession. Had savings too - had being the operative word here - spent it all to make ends meet.
Sorry, but what's all of this 'we' business? Unless you're a labour MP or a banker, 'we' had FA do do with most of the financial trouble.
We means the WE who voted in Labour as they cooked stats, killed our industry, jacked up government spending, created jobs we didn't need and put us a trillion in debt(with a forecast of 1.4trillion in just 4 years if Labour were left in charge, from Labour themselves, and they thought that was fantastic down from the 1.6trillion or so they thought they were due to get us into before they cut spending a bit).
WE voted in Labour, and Labour is the primary reason the country is in the mess its in.
Its pretty simple, if you have a job that pays 50k a year, you can get away with spending that every year with no problems. If you spend 100k a year, and the extra 50k increases in interest then eventually you're adding 100k, then 200k a year to the debt a dozen years down the line.
Now when a normal person gets in that much debt, they don't return to spending 50k a year, you need to drastically reduce your spending to make a dent in that debt, if you return to the "sane" levels of spending you could have continued indefinately, the debt will continue increasing too fast to cope with.
Basically our national debt has gotten so big we're being threatened by increased interest rates and we're borderline completely out of control with no way of getting back into a "stable" level of debt.
You can't just have services that cost 100billion a year, because you want them, unfortunately Labour don't get that. Labour got their hands on a 0% APR credit card, put a trillion on it and don't seem to realise that the 0% APR is up and the money does have to be spent eventually.
So yes, WE most certainly did this, and the current government is doing EXACTLY what needs doing, is the only option, and if they don't cut spending dramatically, the country is quite literally in danger of collapsing completely in the not to distant future, which people seem to forget will mean we won't be able to afford to import food, or medical supplies, of defence supplise, we'll be in ridiculous trouble.