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18: George Osborne: Austerity, Boris Johnson, and the UK's next Prime Minister

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The Importance of Fiscal Prudence

Alistair Darling says there is a very, very strong group of people who continue to feel that we could have borrowed more. Every time a political party has veered off the fiscal prudence path, they've become essentially unelectable or been ejected from office he adds. "We had a real life example of what happens if you don't live within your means"

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