PPRuNe Forums - View Single Post - BAE RAF P3 procurement feasibility report
Old 7th Mar 2013, 16:36
  #101 (permalink)  
Biggus
 
Join Date: Dec 2001
Location: The Roman Empire
Posts: 2,452
Received 72 Likes on 33 Posts
We'll have to agree to differ.

Please explain to me how, if you're still running an annual deficit prior to 2015 (i.e. in 2013/14) you can pay off any of the national debt. You're in deficit, so by definition you're borrowing more than you earn, which means the national debt is going up!!

It simply cannot work!

Last edited by Biggus; 7th Mar 2013 at 16:38.
Biggus is offline