For the most part there isn't really a spending problem. There's a taxation problem.
Example:
If the top 1000 richest Brits (or the top 0.003% if you like) would choose pay off their countrys whole national debt, they would still be as a collective 30£ billion richer than they were three years ago.
The same goes for most western european countries, with non-essential variation in the numbers.
All western countries are vastly richer than they were 20 years ago, basicly all of them have followed the same general line of politics, which has made them able to do less and less every year.
Got to love right wing politics.
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