Following the news that the UK’s national deficit has risen to its highest level ever under the Conservative government, Chancellor George Osborne has admitted that he only recently learned that it was supposed to be going down, not up.
“I supposed it’s a bit embarrassing,” he confessed to journalists this morning. “I thought a deficit was like a DEPOSIT, something you want more of.”
“So I’ve been trying to make it go higher – very successfully, I thought. I just goes to show you never know.”
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