We need to bust the myth that a deficit is a bad thing

Readers of The National  |  February 17, 2021

Letters to the editor, including one by Malcolm Parkin that includes “… Common sense says we can never now repay or even reduce the national debt, and history proves we don’t have to, as it has risen from £350 billion in 1997 to £2000bn in 2020. … The only gesture government has ever made has been to try to reduce the annual deficit, and therefore the rate at which the national debt is increasing, and even that hurts too much.”

Read the full article on: The National (Scotland)

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