The post you are reporting:
Bob's right, Howard. This country is in debt to the tune of billions; I can't remember the exact statistic, but isn't it something along the lines of a national debt that wouldn't be paid off until the grandchild of a baby born today had reached the aged of 76? That's clearly an emotive stat, given that the age of grandchildren born to the children of today couldn't possibly be calculated, but essentially it comes down to a broad statement that we're deep in the soft and smelly and will be for the next two generations, and that's if we don't borrow another penny in the meantime.
Essentially, therefore, it matters not a fig who forms the next government, they'll be stymied from day one. We can only look forward to further cuts and further tax hikes. We're caught in a spiral of ever increasing debt; exactly as happens in domestic economics, there will have to be hard times ahead as the national belt gets tightened, and doubtless the local councils will feel the effects more than most. Like it or no, we are skint.
