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Tuesday 21 October 2008

How does Gordon Brown keep the National debt at 37% of GDP

Easy enough ... he lies

 

The office of National Statistics is quite clear.  The National Debt is 43% of GDP.  The figure is only 37% if the Northern Rock liabilities are excluded.

 

http://www.hm-treasury.gov.uk/d/psf_201008.pdf

 

 

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