When you see this at the bottom:
This mythbuster is part of a series co-ordinated by the New Economics Foundation and the Tax Justice Network.
Their argument is that because the national debt isn\’t as high as it was during the Napoleonic Wars nor WWII then the UK isn\’t bust.
Major Attlee ran budget surpluses to pay down some of that debt. That would be nice around about now, wouldn\’t it? And those two times we did have the excuse that we\’d just fought wars of national survival. I suppose you could say that the Brown Regime was of equivalent awfulness but that would be an odd position for the Guardian to take. Other than that, what\’s the excuse this time?