Do you vote?

[Furunculus]

That can change pretty quickly though. Most of the problems which would cause that is because of the recession and banking crisis. As the economy picks up, that will go away anyway. What the government needs to do is cut all the "waste" and downsize some of the programmes which simply are not benefitical on the whole. They would also have to start repaying the actual debt.

Also, with some of the nationalisation of the banks, the government has already made a profit in terms of shares. Soon, the government could hypothetically sell those shares and get back a lot of the lost money in the bail-outs.

no, they need to cut Gov't spending as a proportion of GDP, and watch growth accelerate faster as a result.

given thirty years of sensible spending we might JUST get to the point of only having a deficit of 100% of GDP............. if we're lucky!

[Beskar]

no, they need to cut Gov't spending as a proportion of GDP, and watch growth accelerate faster as a result.

given thirty years of sensible spending we might JUST get to the point of only having a deficit of 100% of GDP............. if we're lucky!

Cutting government spending alone wouldn't make growth accelerate like that. Cutting government spending where it should be cut, then using the money saved from that, being used to pay off the debt, then that would solve it.