What if we just cut targets?

Two things are a bit odd about all the debate over spending cuts in the last week.

One is that it seems to have been disconnected from the debate about the economy. The cuts are required partly because of the huge banking bail-out, and the abuses that led to that are still going on. Yet that debate seems to be happening in another universe somewhere.

Worse, the BBC seems to have decreed that this is not an issue that might be tackled by encouraging local enterprise – which will require some ...