The biggest lie (Goebbels, anyone?) is the blame game. Until the bank meltdown (which followed global capital issues - and at the time of Brown's limitation of regulation the only conservative complaint was that he was not de-regulating enough - so the bank failure is the fault of capitalism and its political mouthpieces) the UK had one of the lowest deficits in the G7.

It is quite false to try to lay the blame for the deficit at the foot of the previous government.