Global debt hits all-time high of $184,000,000,000,000

[Eric Cartman]

I am neither of the left wing nor the right but I do sometimes wonder about many people railing against so-called 'austerity' measures without taking into account rising national debt too.

The economic arguments used to justify austerity were facile for instance by comparing a countries economy to a household budget.

[Taunton Blue Genie]

The economic arguments used to justify austerity were facile for instance by comparing a countries economy to a household budget.

Surely austerity of some description was required to counter the ever-rising national debt regardless of which party is in power. I would not align myself with either the Conservatives or the Labour party, by the way.