Diving into debt

One of the biggest priorities of the next government, whatever its colour, should be to use predicted surpluses to pay down debt as quickly as possible.

But Labour hasn’t learned from its profligate spending during the noughties.

Its promises so far show it will be diving into our pockets through higher taxes to  pay for its higher spending.

The inevitable consequence of that is diving into higher debt – private and public.

tremain

One Response to Diving into debt

  1. Fortunately it looks like the MSM are beginning to ask the right questions. It will be interesting to follow how the left are really planning to finance their expensive ideas.

    Like

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