View Single Post
Old 20-10-2010, 14:07   #26
nomadking
cf.mega poster
 
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb, V6 STB
Posts: 8,287
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
nomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze arraynomadking has a bronze array
Re: The Comprehensive Spending Review Thread

In a recession you tend to have to borrow because revenue(ig taxes) goes down, and you have to protect core spending such as the NHS The idea is, that when in a boom time you pay off the loans, so that you can borrow again when the next inevitable recession arrives.
nomadking is offline   Reply With Quote