Forum Message

Topic: Re:When did the Country live within its means?
Posted by: Will Watson
Date/Time: 15/08/15 15:21:00

There has always been a national debt but that is not the same as saying we have never lived within our means.

Right now we are spending more than tax is raising (the 'deficit') and because inflation is low this means that national debt as a proportion of GDP is going up.

This graph show long periods when the debt as a proportion of GDP is declining - I think it is fair to say in those periods we were living within our means.


Entire Thread
TopicDate PostedPosted By
When did the Country live within its means?15/08/15 13:29:00 Philippa Bond
   Re:When did the Country live within its means?15/08/15 15:21:00 Will Watson
   Re:When did the Country live within its means?15/08/15 17:43:00 Katrina Black
      Re:Re:When did the Country live within its means?15/08/15 17:46:00 Loraine Pemberton
      Re:Re:When did the Country live within its means?15/08/15 17:47:00 David Roberts
         Re:Re:Re:When did the Country live within its means?15/08/15 18:08:00 Claire Moran
            Re:Re:Re:Re:When did the Country live within its means?15/08/15 18:13:00 Loraine Pemberton
               Re:Re:Re:Re:Re:When did the Country live within its means?15/08/15 18:25:00 Claire Moran
                  Re:Re:Re:Re:Re:Re:When did the Country live within its means?15/08/15 23:45:00 Peter Evans
                     Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?16/08/15 00:30:00 Keith Iddon
                        Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?17/08/15 14:09:00 Peter Evans
                     Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?16/08/15 10:18:00 Will Watson
                        Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?16/08/15 11:46:00 Stuart Kerr
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?16/08/15 13:29:00 Joe Conneely
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?17/08/15 13:59:00 Claire Moran
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?17/08/15 14:11:00 Stuart Kerr
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?17/08/15 14:16:00 Claire Moran
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means?17/08/15 14:28:00 Stuart Kerr

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