Give me a steady slow economic growth any day of the week and twice on a Sunday!

I can understand bickering and sniping at slow growth a year or even nine months ago, but today, after all that is happening around us, next door in Europe and across the Atlantic in the US, neither is acceptable.

Last year George Osborne stressed that, although expectations have been downgraded recently, the government’s monetary policies are “the rock of stability upon which any sustainable recovery depends”. It was true then and still holds true today.

Our recovery is frustratingly slow but it is sustainable and on the right direction. In other words, it is real, while we are also on track to reducing the crippling deficit.

After decades of mad and manic spending, it’s only natural to reject austerity measures and resent those who impose them on us, but these measures are the better of two evils – if in doubt just take a quick look around! And, although the last government was mostly to blame when it comes to mismanagement and poor direction, we, the public are also blamable.

Many were sucked into the culture of something for nothing and maxed Credit Cards, owned 100 plus percent mortgage properties, lived from overdraft to overdraft and on personal loans. For years many spent money they did not have on things they could not afford mostly for personal gratifications….

And unless we want to burden the future generations with our debt, the Osborne formula is the way forward and any growth is welcome news.