Borrowing to fund government expenditure funds itself. Because the tax collected as that spending ripples out through the economy pays off the debt. So the Sage of Ely has repeatedly told us.
One of the perennial questions surrounding what is supposedly called government debt is the ‘how are you going to repay the borrowing?’ question. The media is obsessed with it at the moment.
They appear wholly unaware that we have never made any serious attempt to repay this supposed debt
Oh. Perhaps the previous statement is inoperative now?