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Old 06-07-2017, 10:41 AM #19
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Kizzy Kizzy is offline
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Quote:
Originally Posted by LeatherTrumpet View Post
During the 13 years in which Labour was in power, there was an almost x3 increase in the national debt
We were at war, war does that drain resources. Are we at war now?
( plus a recession)

'But if the government spends less than it receives, then of course it would run a budget surplus. This may seem a strange concept in today's economic climate, but between 1998 and 2001 we had four straight years of surplus.'

Labour here reducing the deficit also without doubling debt.

http://www.bbc.co.uk/news/business-25944653
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Last edited by Kizzy; 06-07-2017 at 10:48 AM.
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