Al R...
You may be correct that we spent our way into debt.
But the reality is, that is how economies work, they are debt based.
Thats how financial institutions make their profits. If you look at a £10 note you'll see it says "Promise to pay the bearer". Thats because the £ is based on debt and is not backed up by anything physical like gold or oil. If everyone was to do a run to the bank and ask for all their savings in £ notes the bank would not have enough to give everyone, as it loans out more than it has.
The economies are that ridiculous that when the US Government needs more money, it phones up the privately owned Federal Reserve, there is nothing federal about it and it has a reserve of nothing. It's a clever marketing name, like Fedex.
The Federal Reserve then puts some paper into a printer and makes $ bills out of thin air and LENDS them to the US Govt with interest!
Despite what "call me Dave" says. He doesn't stand a chance of getting us out of debt. It'll never happen on a currency backed up by nothing. And the UK's interest payments exceed the Uk's income. Call me Dave uses the national debt as a political pawn, something he can use to pretend he is doing something.