Crisis, what crisis? Or, why isn’t the fourth estate doing its job?

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The ConDems say time and again that the UK has the worst borrowing record of any government (bar, maybe, Greece). 

This is very obviously wrong. As the Guardian notes, yesterday, the ratios of borrowing to GDP across Europe are:

Country

Ratio of Debt to GDP

Greece

124.9%

Italy

118.2%

Portugal

85.8%

Hungary

78.9%

Germany

78.8%

Ireland

77.3%

Spain

64.9%

UK

62.1%

 

The claim is just not true in other words.

Now why isn’t the press saying so?

Because it should. That’s the role of the fourth estate.