SIR – Incoming governments have blamed their predecessors.

We loaned the banks £130 billion (which hasn’t been repaid), the debt is £156 billion, leaving £26 billion, way under our usual borrowing. What’s changed?

The G20 meeting on June 5 decided to move all countries from a fiscal stimulus economy to an austerity economy and rein in spending.

The draconian measure imposed in Greece, Spain, Italy, Ireland, Germany and now the UK are unbelievable.

Working until 66, soon 70, is full of problems. People aged around 60 are the first it will impact on.

They have met the legal requirements regarding National Insurance contributions and full pension at 65. Surely this is a breach of trust by the Government?

I am 68 and work two days a week – by choice. I don’t pay NI, but I do pay tax. Everyone but pensioners gets an extra £1,000 allowance. Why? What have we done wrong?

Lib Dem voters have got what they deserve, the Tory voters what they wanted. The sooner the bubble bursts, the better for us all.

Written in 1911, The Ragged Trousered Philanthropists tells the same story we hear today: hit the working class, they will soon forget. I, for one, won’t.

Malcolm Chapman, Westlleigh, Bingley