Is it morally acceptable for the UK population/Govt of 2015 to go on borrowing forever, even in normal economic conditions, passing more and more debt to the UK population of 2050 and of 2100 etc, just because we (collectively) don't feel like paying enough tax to provide the services (health, education, welfare, defence, etc) that we want?

Question

Is it morally acceptable for the UK population/Govt of 2015 to go on borrowing forever, even in normal economic conditions, passing more and more debt to the UK population of 2050 and of 2100 etc, just because we (collectively) don't feel like paying enough tax to provide the services (health, education, welfare, defence, etc) that we want?

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Answer 1

No - we should stop borrowing as soon as possible and pay our way

Answer 2

Yes- its okay to keep building up more and more debt by spending for 'investment purposes', as long as the speed of growth of the total debt is the same or slower as the speed of our GDP growth

Answer 3

Yes - I'll be dead then so lets jack up the borrowing and spending and to hell with it!

Answer 4

It's all the fault of those bloody foreigners, get rid of them and all will magically be okay!

Trevor Durham

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Trevor Durham

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