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**Hugh** · 05-04-2011, 18:45

But the problem is that we need to keep borrowing money as a country to meet even the current spending requirements, and if we are not seen to be trying to lower our debts, the interest rates on the money we need to borrow will go up, so we will have less to spend, so we need to borrow more, and it's a never-ending spiral into even more debt (at greater and greater cost).

Fine for us, not so good for our kids.

05-04-2011, 18:45	#47
Hugh laeva recumbens anguis Cable Forum Mod Join Date: Jun 2006 Age: 69 Services: Premiere Collection Posts: 44,400	Re: Do you want this government out? But the problem is that we need to keep borrowing money as a country to meet even the current spending requirements, and if we are not seen to be trying to lower our debts, the interest rates on the money we need to borrow will go up, so we will have less to spend, so we need to borrow more, and it's a never-ending spiral into even more debt (at greater and greater cost). Fine for us, not so good for our kids. __________________ Thank you for calling the Abyss. If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare. If my post is in bold and this colour, it's a Moderator Request.