Discussing - The deficit in 2020/2021 is over 300billion, ev…

Should the government make cuts to public spending in order to reduce the national debt?

@8V55QDJAnswerseconomyGovernment Spending4yrs ago

The deficit in 2020/2021 is over 300billion, even with low interest rates this amount of borrowing is harmful to future generations and interest rates are slated to begin to increase again in the coming years. Strategically cutting spending is the best option.

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