Quote:
Originally Posted by 1andrew1
Public debt has now exceeded GDP for the first time since 1963.* However, one think tank (IFS) says it's not a significant worry as the debt's purpose was for economic recovery.
https://www.ft.com/content/57974640-...b-32f34825f13e
*For those of you interested, the Prime Ministers at the time were Sir Alec Douglas-Home (1963-1964) and Harold Macmillan (1957-1963) both Conservative. |
You do have to wonder where it all went...