Tuesday, 18 November 2008

BBC News: The myth of record debt

A nice article by Michael Blastland on the truth behind government debt.


Context takes only a moment. A good and simple start would be to present figures as a percentage of GDP, whether for spending, taxation or borrowing. Of course, there's the small matter of what the government actually does with the money. But when it comes to how much money we're talking about, handle records with care.

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