Spend more than your income and you'll surely end up broke.
The effort to get solvent is a very heavy yoke.
If you borrow what you can't repay, you're on a downwards spiral,
And the only real solution is a lot of self-denial.
Anyone who's been there knows you really feel the pinch,
But you have to keep on going, though it may be inch by inch.
Buying what you can't afford will only make things worse,
When you owe a lot of money, and there's nothing in your purse.
You practise your economies. You lie awake at night.
The tunnel may seem very dark, but at the end there's light.
In time you reach the sunshine (that assumes you've kept on track).
Then you know the pain was worth it: there's no way you would go back.
This applies to individuals, and also to a nation.
But Labour landed Britain with this self-same situation.
Our debt was quite enormous just a government ago.
"Did you spend too much?" the question. And Ed Miliband said, "No"!