Back in 2008, 2009 and 2010, were we not assured, absolutely assured, that debt rising above 90% of GDP would send the economy into a deathly death spiral and lead to death?
Indeed, ladies and gentlement, you had better hope the Tories were as wrong to place their faith in Reinheart and Roghoff as they are in everything else, for it appears we are there.
UK Public debt 90.6% of GDP, compared to 67.1% when Labour were ousted amid howls of economic mismanagement and imminent disaster.
The thoughts, semi-thoughts, splenetic rantings and vague half ideas, of a leftie-lib marooned in Palmerston North, New Zealand.
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