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So the UK is facing a potential economic crisis and an exodus of businesses due to Brexit, and yet they want an expansion of the welfare state? Where are they
by santmos 8y ago
So the UK is facing a potential economic crisis and an exodus of businesses due to Brexit, and yet they want an expansion of the welfare state?
Where are they going to get the money? The deficit is already 2% of GDP and they're £1.7 trillion in debt.
Source: https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicspending/bulletins/ukgovernmentdebtanddeficitforeurostatmaast/june2018 https://www.ons.gov.uk/economy/governmentpublicsectorandtaxe...
- alimw 8y agoCorner shop economics is not a model for a nation. I take it you are still working from Reinhart and Rogoff. > The deficit is already 2% of GDP and they're £1.7 trillion in debt. This after ten years of austerity. It's not what they promised.