Quote:
Originally Posted by the truth
its important people know the true debt. not just the £1 trillion owed by the government but the $10.4 trillion owed in total by us all publicly and privately. the us DOES include all private and public debt in their $16trillion debt figure, the UK does not, so we are in fact lying about the true figures. its the second highest debt in the world and per head is higher than almost every nation on earth. I just want you to be aware of the true situation and let others know. when the titanic sinks will you stay on board with the band or look for the nearest lifejcket?
|
It's still irrelevant. You can't take on debt reduction when the economy is so bad. Cuts have shrunk the economy, not increased revenues. When times are bad, you invest in jobs and infrastructure. Get people into work, and then go from there.