Quote:
Originally Posted by jfman
You evidently do not know or else you'd have got the terminology right. Despite all the cuts to date, and masses of privatisation over the recent decades, it'll still a deficit.
Essentially, you want to eliminate the role of the state to privatise as much as possible so profits can be siphoned offshore. At least be honest about your Ideology and not pretend it is anyone's interest.
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I see your pedantry has not gone away, jfman. Of course I understand the difference between the deficit and the national debt. 'Paid off' may not be the appropriate turn of phrase, but I'm sure that most people on here knew what I meant.
The deficit has now come down to manageable levels, which means we can start to actually reduce the debt rather than continue to increase it.
I don't know where you get the idea that I want to eliminate the role of the state. I have never said that. I believe in a mixed economy. However, the role of the state should be kept under control and should not be allowed to proliferate. There are things the state does well and there are things the privatised sector does better. We should use whichever method is more efficient.