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NEVER MIND the B*LLOCKS Osbo peddles, deficits don't really matter

IT Angle

These economic fact with opinion pieces are interesting despite having nothing to do with IT, but it would be helpful if they included references to official sources of all the figures quoted.

The last figures I recall seeing for the British national debt was over 100% of GDP and growing, despite the cuts. Perhaps the official government debt doesn't include all real debts or predicted future liabilities? I still consider an 80%+ deficit far too high, and that over the economic cycle borrowing should not exceed the surplus.

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