Monday, September 30, 2013

Cutting the national debt

I'm amazed that common sense has made headlines. George Osborne has pledged to have budget surpluses in the next parliament. In other words he's aiming to cut not just the deficit but the debt. In the long run that would mean the country spends less on debt maintenance and a step towards living within our means.

Why on Earth is such a sensible proposal being taken as a surprise?

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