The World According to Spart

The World According to Spart

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The World According to Spart
The World According to Spart
BDHD - Budget Deficit Hoax Disorder

BDHD - Budget Deficit Hoax Disorder

Stephen Spartacus's avatar
Stephen Spartacus
May 14, 2024
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The World According to Spart
The World According to Spart
BDHD - Budget Deficit Hoax Disorder
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Don’t believe the spin, the political nonsense espoused by our political overlords. Look at the numbers.

How is it possible that a budget surplus (notionally a saving) results in increased debt?

It’s not possible that how. This is from the budget papers:

Gross debt, as in the value of government bonds on issue, on which interest is paid, is rising every …

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