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Old 06-07-2017, 04:40 PM #20
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Quote:
Originally Posted by Kizzy View Post
How do you consider doubling the national debt not overspending?
You can't get the National debt down until you get rid of the deficit.
Hence the more you spend the more debt will go up.
We pay approx £45-£50 billion a year interest, so best try to get it sorted whilst the interest RATE is reasonably low.
So unless we make cuts and live within our means it will just keep going up.
I reckon they could hike up the income tax but that would only lead to more moaning so it's a case of stuck between a rock and a hard place.
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