Ocupation: Former Prime Minister of the United Kingdom
Life: b. February 20, 1951
Birthday: February 20
Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust.
topic: Cutting, Circles, Long, Vicious Circles, Repayment