I have a Politics A-Level an I also have a Politics and International relations degree. So forgive this ignorance but…

1) WHO THE FUCK DO WE OWE THIS MONEY TO?
2) WHO IS OUT OF POCKET WANTING THEIR BILLIONS BACK?
3) SURELY WE CAN JUST WRITE SOME OR ALL OF THIS DEBT OFF?
4) SURELY WE ALWAYS HAD A DEBT?
5) WHAT HAPPENS IF WE DON'T PAY IT BACK?
6) AMERICA HAS THE HUGEST BUDGET DEFICT AND HAS HAD FOR DECADES. IN THE TRILLIONS. IT NEVER AFFECTED THEM FOR THE LAST 20 YEARS DESPITE GETTING BIGGER EVERY DAY.
7) IF LABOUR WERE STILL IN I GET THE IMPRESSION WE WOULDN'T HAVE SUCH CUTS. LABOUR PROTEST THAT THE TORIES ARE LYING ABOUT THE STATE OF THE ECONOMY, BUT WHO CAN PROVE THEM WRONG?

kthxbi