Lost Seasider
Well-known member
Buy a history book.
And read how the 1930s depression and mass unemployment was brought to an end by massive public spending.
Total US government spending (federal, state and local) was not much more than 10% of GDP in 1930 compared to about 40% for the UK today, and total debt as a percentage of GDP was down at 20% compared to the 80% (now 100%) we're starting from.
Or to put it another way, Roosevelt had a totally different starting point to Cameron, May and Johnson.
So are you asking for a phased 75% reduction in UK government spending, reduction in debt by 80% so that we're ready to cope with the next crisis?
Didn't think so.
Turns out I own history books and economics books as well.