(Copied in full from IanPJ at http://thejournal.parker-joseph.co.uk/blog/_archives/2009/8/20/4294278.html#cid_1260438)
The current level of spending by Government cannot continue, and the Conservative and LibDems are already to committed to either maintain or increase spending in many areas. This is unsustainable.
Only today the PSBR (Public Sector Borrowing Requirement) has been released for July. In one month alone government has overspent and had to borrow the unsightly sum of £8.016 billion.
That means the government was over-spending by more than £258 million per day last month, which is living beyond our collective means by more than £10 million an hour, 24 hours a day, seven days a week. (H/T Guido) This means that the productive parts of our economy can no longer support such a huge government, the overspending and the restrictive regulations. (To give an example of how desperate these regulations have become, read this, punishment for attempting self help)