View Single Post
Old 12-06-2015, 11:06   #3
nomadking
cf.mega poster
 
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb, V6 STB
Posts: 8,300
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: Budgets, surpluses, deficits

If the UK public deficit and borrowing was for investment purposes only, then it should be easy eliminate any deficit virtually overnight. Instead the surplus and borrowing went on ongoing(eg tax credits) and long-term(eg repaying PFI) spending and that cannot be simply stopped "overnight".
nomadking is offline   Reply With Quote