Daily Blog 10/24/2012
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Ramesh Patel: Finally! Exposed! The Deficit Myth! So, David Cameron When are you Going to Apologise?
Labour in 1997 inherited a debt of 42% of GDP. By the start of the global banking crises 2008 the debt had fallen to 35% – a near 22% reduction page 6 ONS Surprisingly, a debt of 42% was not seen as a major problem and yet at 35% the sky was falling down?