For details of the economics behind the calculator, click here. For Your Reference:
- Peak public sector deficit including the bailout was 9.1% of GDP in 2009/10
- In June '10 The OBR predicted Alistair Darling would have borrowed 6.6% of GDP in 2012/13
- In June '10 The OBR predicted George Osborne would have borrowed 5.5% of GDP in 2012/13
Many thanks to Martin Rowson for the cartoon.