I am poorly informed.
Thus: What are these alternatives, please?
(wellgroomedwookiee is a filthy-minded hobgoblin, Mon 21 Mar 2011, 13:16, 3 replies, latest was 15 years ago)

Smaller cuts over a longer period
because having a large debt which you are quite capable of paying off over time as your economy grows is better than having a small debt and an economy which has been crippled by massive cuts and leads to higher unemployment and greater public spending on benefits which in turn ends up with a larger debt again.
(Bazongaloid, Mon 21 Mar 2011, 13:21, Reply)

Borrow shitloads more money and spend that!
God Wookiee, CAN'T YOU SEE?
( Monty Boyce, My cheese game is strong, Mon 21 Mar 2011, 13:21, Reply)

Lots
A 'Robin Hood' tax on banks could raise billions - even something as simple as stopping public schools being classed as 'charitable' foundations could gain £130 million per year.
(BelladonnaAnodyne Melissa's gonna wet herself, I swear..., Mon 21 Mar 2011, 13:22, Reply)