Comments by "Steve Parker" (@steveparker8065) on "Does GDP Matter to Ordinary People?" video.

  1. Back in the 70s when I was born debt-to-GDP was around 30-40%, since Thatcherism and Neoliberalism it has risen to 90-100% (Mainly due to Privatisation and outsourcing, things like corporate welfare/subsidies/tax breaks/grants/bailouts). The high percentage of our Debt-to-GDP is commonly used as an excuse to cut public services to control the debt. Hence why the Tories keep the debt high, they keep it high by lining their own pockets with vanity projects and farming out their responsibilities to a host of private enterprises (Everything from energy, water, education, telecommunications, Healthcare, construction, advisors etc).
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