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In the wake of the economic crisis, we've all been encouraged to be more realistic about debt. It's a message that will be of little use to those who are forced into the hands of loan sharks by desperation, poverty and the refusal of banks to give them credit. And for all the government's words about financial responsibility, they're letting the loan sharks get away with it.
What do yesterday's announcements mean in terms of tackling the economic crisis, its main victims, and the climate change challenge? Here is my more or less immediate response to Alistair Darling’s final budget.