Dear Mr. SerwotkaOctober 18, 2010 Tim WorstallYour Tax Money At Work4 CommentsResearch by my union shows that, between 1918 and 1961, the debt was more than 100% of GDP. Quite, we fought two world wars in the 20th century. What\’s the fucking excuse now? previousShocking revelation from Anne Pettifor!nextYes, it\’s another Ritchie report! 4 thoughts on “Dear Mr. Serwotka” Surreptitious Evil October 18, 2010 at 1:16 pm 3 wars in the last 10 years? Lumping the Balkans various into one generic pot of putrid hate. The Remittance Man October 18, 2010 at 2:59 pm SE, Hardly conflicts on a scale of WWI or II or even Korea (you missed that one, Mr W). Add to that the costs imposed by post war reconstruction, nationalisation of the health service, the railways and various other post ’45 experiments with socialism and you’ll soon see the problem. Post ’97 we’ve just had experiments with socialism lite. Hell! They can’t even blame nationalisation of major industries (railtrack again falling a bit short of the 1945 government’s efforts). Matthew October 18, 2010 at 3:44 pm That the public wants to hold a very large quantity of risk-free government debt? Falco October 18, 2010 at 3:59 pm The major costs have come from the wars on nouns; drugs, terror, obesity, poverty, inequality, etc. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.