Quote:
Originally Posted by Dave42
so tory debt is all fine labour one all bad? good to know I guess
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Any debt is fine if it is sustainable and generates more growth than the interest charges it attracts. In terms of future spending plans, I think it unlikely that Labour’s £80-plus billion of additional current spending will achieve that.
I suspect I’m casting pearls before swine her though. Have you looked up “structural deficit” yet? Do you understand why the national debt has increased so much between 2010 and 2019?
No, I thought not.