Paul Johnson, director of the Institute for Fiscal Studies, says George Osborne’s plans will mean that public spending will fall to levels not seen since the 1930s. I didn’t live through that decade myself but my parents and siblings did.
I suspect that their experience of the Great Depression was very different to that of the relatives of Messrs Osbourne and Cameron.
I have no doubt that he will take us back to the conditions prevailing in the 1930s - the growing need for food banks is proof that he is already well on the way.
In that decade the people of Jarrow marched to London to protest.
I suggest that come next May we should take a gentle stroll to the polling booth and think very carefully where to make our mark.