I would have hoped the Tories wouldn't have got us into such a deep mess, but you are right I and we will never know.
However we are in that mess, and very hard decisions need to be taken, and we all need to pay the price.
And we will all be paying it for a very long time.
TB
In some respects you have to ask does it matter?
That sort of debt will never, IMO, be paid. Which in-turn will effect our country for a very very long time.
Despite what some politicians will tell us, there is no easy answers, only pain I'm afraid.
TB
They tend to use the % of GDP for league tables, and this one from the Economics Blog is as good as any.
List of National Debt by Country | Economics Blog
TB
Surely your not blaming Mrs T for the likes of British Leyland?
The fact of the matter was our industry then was a joke, but if I'm wrong then please blame the millions of Brits who decoded to buy non UK products. Because if our industry was good, then why would anyone buy from elsewhere.
TB