Rachel Reeves has economic literacy of 5-year-old who hates British taxpayers

Looking at Britain's economy today is like watching a slow-motion car crash. The warning lights are flashing, the brakes have failed, and behind the wheel sits Rachel Reeves - hopelessly addicted to borrowing and utterly clueless about how to grow the economy. The latest figures from the ONS confirm what every hardworking family and business already knows. Borrowing in August alone hit £18 billion - the highest in five years for this month - overshooting expectations by billions. Total borrowing for the first five months of this financial year has already ballooned to £83.8 billion.

That's £16 billion higher than last year and well beyond the OBR's forecast. The so-called £10 billion "buffer" Reeves bragged about back in March has already evaporated. And what will be her answer? Higher taxes! Labour's economic logic is as reckless as it is infantile: spend what you don't have, borrow to fill the hole, then punish the nation with tax rises when the bill lands. It's the vicious cycle of a government with the economic maturity of a five-year-old.

The problem is simple. The more you tax people and businesses, the less money they have to spend and invest. The less investment, the less growth. And the less growth, the less tax revenue the Treasury actually collects. So back Reeves goes, cap in hand to the bond markets, borrowing yet again, and then - inevitably - she comes after us with more tax hikes.

This is not economic stewardship. It is a self-imposed economic nose dive. It is a deliberate squeezing of the productive to fund an ever-bloating state. And it is pushing Britain to the point where an IMF bailout - the very humiliation we suffered under Labour in the 1970s - once again looms on the horizon.

Labour has always been useless with money, but this lot are in a league of their own when it comes to economic illiteracy. Reeves is preparing for an Autumn Budget that will almost certainly hammer working families and strangle businesses with more tax rises.

That could well be the straw that breaks the camel's back - plunging Britain into a deeper crisis and destroying what little confidence remains in our economy.

And all the while, our national debt continues to balloon - now standing at £2.91 trillion, 96.4% of GDP. Interest payments alone have soared, costing taxpayers billions more every month just to service Labour's addiction to debt.

It is the height of irresponsibility, a betrayal of every taxpayer who expects better. This must stop. Britain cannot afford another round of Labour's economic vandalism. We cannot sit back while Reeves and Starmer drive us into ruin.

If Labour cannot control borrowing, if their only solution is to tax us into the ground, then they have no right to govern. The British people should not be forced to endure five years of this reckless incompetence.

We deserve leaders with the courage to cut waste, to grow the economy, to back our businesses and free our people to prosper. Instead, we are handed a government that mortgages our children's future for short-term fixes and cheap political soundbites.

Enough is enough. Britain cannot be a nation forever trapped in Labour's cycle of high borrow, high tax, high spend, and steep decline. If this government cannot change course - and clearly it cannot - then the people must be given the chance to change the government.

Labour is failing. Reeves is failing. And Britain is paying the price. It's time to stop the crash before it destroys us all.