They have also not been telling the public the hard truth about the world not being something that owes us a living and that UK levels of productivity per worker, the inherent laziness that afflicts too many people and excessive holiday-making , cannot be afforded.
People have been seduced by siren voices telling them that people need to have longer holidays so that they can “relax”, that they can eat themselves into smaller versions of the R101 Barrage balloon, drink too much , export nothing and go on paying themselves the same money or even more money.
It is now too late for things to go on as they are irrespective of which party is in power, so the real trouble will come after the election when the pump priming that has been going on for the past 6 to 8 months with road building feeds into the figures in April and early May next year but with a cliff that the country falls off in June,just 2 weeks after the General Election.
None of the political parties have the intellectual depth to deal with these questions and I question whether the public and our rulers, wallowing in nostalgia, past triumphs and events in World War 1, 100 years ago, has the stomach for the change that is necessary.
I wait to be proved wrong but I am not holding my breath.