Where Do We Go With The (UK) National Debt?

What are we doing about the national debt? At a practical level, making it bigger.

see, for example: http://www.nationaldebtclocks.org/debtclock/unitedkingdom

Most of the public focus is on the deficit (how big a gap there is between income and expenditure in the current year) and how badly ‘austerity’ is making everything. In spite of this, the office of National Statistics states that the public sector net debt increased by £123.5 billion between tax years 2016 and 2017.

If you think that’s a lot of money, see below.

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