What do you mean by 'escalated out of all proportion'? In the first part of the Blair government, the national debt was paid down to a level of around 29% of GDP at the end of the first term. Even before the global crisis, it was still lower than it was in 95/96 and 97. I do agree with your...
Haven't we lived on credit for over 300 years. What makes you think Gideon is going to change that. There is nothing wrong with credit as long as it is manageable, that is why most people have a mortgage to buy a house!
As for the thrust of the thread, presumably people are aware that we are...