Quote:
Originally Posted by 1andrew1
Indeed. Everyone's entitled to their opinions but not their facts. If we look at table 5 from the ONS we can see that government debt was £1,194.3bn in 2010 or 75.2% of GDP and is currently £1,837.5bn or 86.7% of GDP.
https://www.ons.gov.uk/economy/gover...t/december2018 |
No-one disputes that the debt has increased. That happened because we were in a huge deficit situation.
Now that the deficit is down to manageable proportions, we can start paying off the debt.