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UK 'must cut spending or raise taxes,' say experts

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  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    The problem is, we don't know whether what happened in 1991-1997 was good or bad. Maybe someone else out there does.

    My original accusation was that Gordon Brown did not save enough during the boom 2001-2007.

    Yes, you are correct, it dropped as a percentage from 1997 to 2008.

    If anyone says that debt increased as a percentage from 1997 to 2008 then they are wrong, I agree. I've not really paid much attention to what various politicians have said though.

    Regarding futile, I have to admit, I being argumentative as a matter of principle. I've noticed that politicians argue as a tactical move, not to make progress on a topic. TBH I'm more interested in open minded debate, but the current lot need to be kicked hard where it hurts, so anyone showing support for them needs to be worked on.

    In a spirit of concession I think that it'd be more fun to move on from it. I agree, debt percentage has fallen 1997-2008. I think it should have fallen a lot more, as a continuation of the initial falls from 1997-2001.
    Happy chappy
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