Just announced today. Just last month the borrowing hit a trillion. Summation: The government is doing the same crap as the last bunch and look how well that went.

The last QE had no affect on the economy at all. In fact, it got worse. hence Gideon tried to blame everything from snow, to the royal wedding, to the Japanese Tsunami.

Time for Gideon, Dave and the boys top knock this crap on the head or we'll be getting a lift from the Irish to visit the troika.

A feast of Quantitative Easing | The Spectator