To clear up the mythical Gordon Brown big debt: Below: Note that Brown in 2008 was spending about the same as Major in 1992 and far less than Thatcher in 1983. [IMG]http://i54.tinypic.com/wbow0i.png[/IMG] Below: It's not the level of spending that's important it is the deficit - the difference between spending and revenue. As long as the chancellor raises enough in taxes to cover his spending over the cycle there's not a problem. Also the deficit gives you the full ...
Updated 06-29-2011 at 07:43 PM by Waterways