I'm not a supporter of these policies, but what we need to know is, what the rate of increase in the national debt is, and is it slowing? Because the tories propose that it will start to reduce in 2020 and it is expected to grow at a decreasing rate until then. If that's the case (I don't know) then the policy is working correctly. It is just too simplistic to look at the national debt as a simple number.
The policy was to clear the deficit for 2015, then 2020, now its 2025. If it was working as intended, it would be cleared by now, but it isn't. It either needs tweaking to find a working policy or abandoning for one that will work if that is the government intention. All austerity seems to have done is make lots of people poorer (not just financially, also in terms of available government services), while making the very rich, vastly richer.
>And economic growth for 2016 shows UK ahead of Netherlands, USA, Germany, Austria, Canada, France, Finland, Italy etc.
Slowest in the EU so far in 2017, and inflation at its highest level in several years.
Biting the hand that feeds IT
