Labour has been borrowing during the good times to pay for the hugely inflated public sector, handouts and poor policies.
Now things will be tighter so less taxes from business, VAT etc, more unemployment benefits to pay, so they will be looking at us to find the money.
Expect some very serious changes over the coming years, i believe this is not just a temporary downturn.
The biggest worry for me is if the government can't throw money at the scum to passify them, like they have been, then they will be theiving off us workers to pay for their fags, steller, pizzas etc.