[heero_yuy]

Originally Posted by Ignitionnet

Entirely in favour of reducing current spending, however a nice big capital expenditure programme to offset decades of underinvestment while interest rates are ridiculous would be a great idea.

Borrowing on most current expenditure is mortgaging the future, borrowing for capital expenditure to improve productivity is investment in the future.

Infrastructure spending would be the way to go but you just know that some political parties would just increase the structural deficit ( Employ load more public servants and give out more largesse to shirkers) without any long term benefit.