So there’s less risk

increasing QE to pay off that massive deficit is definitely a bad thing

Look up Keynesian economics

look at the £

untill the stop QE its just going to keep going down

Prolonged austerity is worse though

Lack of investment is bad for potential growth

before labour turned the deficit to 100bn the £ was at $2.00

In the long term that’s way worse than a deficit

Mate fuck off

You’re happily ignoring the GLOBAL CRISIS

yes... we have austerity BECAUSE of the deficit

Austerity short term

Is okay

Prolonged austerity

Is really bad

and you literally were just complaining about the debt tories were piling on!... which is BECAUSE OF THE DEFICIT 😛

But it’s very debatable

A deficit

Isn’t

A

Oh shit I’m gonna get called again

Celled*

where do you think the money comes from? magic trees?

It comes from borrowing and taxes

Debt based slavery

Don’t lecture me on economics wacka

when you don’t even know what Keynesian economics is

All you’ve said is Tory talking points

Im well aware of keynesian and hayekian economics thanks

I mean look at this shit https://www.ukpublicspending.co.uk/spending_chart_1947_2019UKb_17c1li011lcn_H0t_UK_Deficit_Since_World_War_II

~~i mean, money does technically come from trees if you think about it. or plants at the very least~~

not really... its not like any of this money is printed out

All that does is illustrate pathetic Tory management

its mostly treasury bonds

its incredible management... I honestly did not think they would ever be able to pull it off

Incredible management

and somehow cut taxes at the same time.... they cut taxes, and increased tax revenue

Despite huge increases in public spending

Public services are worse than ever

Where did all that money go??