And the upshot of all those 'good' times...

"It will require two full parliaments of mounting austerity to repair." [Institute for Fiscal Studies].

Of course, not for those in parliament or those who have already done very well out of the long boom and are doing even better out of the bail-outs. It's like being slapped in the mush with a bucket of shit - it really is that black and white. The rich wallow, the poor cop for it.

Soon open rebellion will be called for.