Quote:
Originally posted by yem
Nonsense. Labour have been reducing debt at a faster rate than before. National plan to end that and allow debt to increase (by 1% of GDP IIRC). This amounts to around $3B. Kinda puts the Kyoto "blowout" into perspective, no? Hey gotta find $10B for tax cuts somewhere.
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Hey, I'm an economics noob. Where has Labour said that they are paying off debt? With every huge surplus they make, does that reduce our debt somehow? can someone explain this to me...