Idiots who get themselves into massive debt

[DimPrawn]

Really? I always check figures:

List of countries by public debt - some examples

% of GDP
Egypt 105.8
Canada 68.5
France 64.0
Germany 63.1
US 60.8
Pakistan 52.8
Switzerland 45.3
UK 43.0

2007 est.

[expat]

2007 est.

Ah, all was OK as long as Brown was chancellor.

Not what you meant?

[DimPrawn]

Ah, all was OK as long as Brown was chancellor.

Not what you meant?

Yes. Can't we have Brown as Chancellor and Blair as leader again? Everything was booming then.

[stackpole]

Christ. Was our debt as bad as this in Labour's last attempt at governing back in the seventies?

[BoredBloke]

But I don't understand this. Surely we have had ten years of the 'best ever chancellor'. How could the nations finances be in such a state with theat slack jawed snot gobblin Cyclops at the helm?

[AtW]

Christ. Was our debt as bad as this in Labour's last attempt at governing back in the seventies?

This one gotto be worse...

[sasguru]

You guys make me laugh.
That figure (43%) is quite good actually. It doesn't really mean a thing. Notice Japan has the 2nd highest and Germany's is in the 60s.
But what really matters in the long run is the trade deficit and that is bad.

[expat]

Christ. Was our debt as bad as this in Labour's last attempt at governing back in the seventies?

Oh FFS read the figures: ours is comparatively good.

Also, it is normally worse under the Tories.

[BrilloPad]

You guys make me laugh.
That figure (43%) is quite good actually. It doesn't really mean a thing. Notice Japan has the 2nd highest and Germany's is in the 60s.
But what really matters in the long run is the trade deficit and that is bad.

So should we borrow more to invest in manufacturing?

I assume you are more worried about the visible trade deficit than the invisible.