Thursday’s BBC debate between the opposition party leaders clearly revealed that they are much concerned about so-called austerity.
Many demands were made for extra borrowing and spending but no reference was made to repayment of the national debt.
Interest on the debt absorbs some £50 billion annually, the saving of which would provide largess for all. Extra borrowing will increase the debt and interest payments to be made now and by the future generations, thereby increasing austerity. How can this be justified? Who do the opposition party leaders expect to pay our debts?