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What we need to do is to go back to what we used to do and do things as we could afford them. The problem is people want to pay 20p in the pound taxes but they demand 50p in the pound services. We have spent millions over the last 20 years on infrastructure projects from schools, hospital buildings the airport and the harbours and we may have to take a breather until we have built up sufficient funds to continue with other projects. We keep being told that we should borrow the money, I could not disagree more, the UK is in the mess it is in because it borrowed for years and now it can't pay it's debts. Guernsey has no debts at all and the small structural deficit is manageable. We need to see where the economy is going in the next year or so and continue making savings in government expenditure and islanders will have to understand that we can't have what we can't afford. It may come as a shock to many as we have been used to having 40 or 50 million pound surpluses every year, those days are gone. We will come into surplus again but our main priorities at the moment must be to look after the bussines we have get the open for bussiness sign out and reduce all unnecessary government spending. Grow the economy which will create jobs and the rest will come slowly. We as a States have to get our act together quickly into this new term, get our heads down and start making the changes that we will need to do if we are to survive opin an ever increasing hostile world.