There has been so much spin and distortion about the UK deficit that most people would be forgiven for thinking there is no alternative to public spending cuts.
We've put together a short presentation on the realities of the deficit and the June 2010 Budget. Spend a few minutes to watch this presentation and see if you still think spending cuts are inevitable.
You can download a PDF version of the presentation by clicking here. If you liked the presentation (or even if you didn't) please leave a comment.
We've removed the presentation on this post and produced an updated one to take account of the October Comprehensive Spending Review. You can find the updated presentation here.