But all the time GDP is shrinking, that taxation is going down and borrowing is going up, even without further investment, unless you are suggesting that increasing borrowing has no other effects :shrug:
I do apologise, I misinterpreted my source :thumbsup:
https://en.wikipedia.org/wiki/History_of_the_British_national_debt#:~:text=By the end of World,one third of annual GDP.
But I still believe that a country in recession with an ever increasing cost of living does not have the resources to...
Most definitely, a brilliant man :thumbsup:
And after the second world war he inherited a national debt of approx £21B, which was a third of GDP (which is also coincidentally, a third of the debt Starmer will inherit which currently stands at £2,654B or 100% of GDP). A bit of wriggle toom then...
You should have a chat with @BenGarfield about tax income, GDP, National Debt, Credit rating etc having absolutely no effect on the economics of a nation. You'll get on like a house on fire :thumbsup:
I'm dying to know why you would read the posts on this thread, and then post that thinking 'They certainly won't think I'm a moron with this contribution' :laugh:
Tony Blair inherited a growing economy going into boom times and it's easy to make a political difference when you have the money to do it. Starmer will inherit the worst economic situation in my lifetime with it still deteriorating at an ever increasing pace. Until that is stopped and the...
It's normally down to the act (within limits).
When we first played the Ropetackle we used to finish at 11, couple of encores and off at 11.15. Last time we played it IIRC we finished at 10.15, couple of encores and off at 10.30 (we played it for a good few years though). The average age of the...
And just when you thought it couldn't get any funnier
Laurence Fox ridiculed for calling for Nike boycott while wearing Nike shoes
He said that if he was nominated for London Mayor “you will never see another pride flag in this sodding town again”. Fox posed with a banner that read “Lee...
Didn't really deserve its own thread but I couldn't see anywhere else to put it. Following up his calls to boycott Nike products whilst wearing Nike shoes :facepalm:
Laurence Fox barred from London mayor race after forms error
Actor Laurence Fox will not be a candidate at the London mayoral...