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Re: The Comprehensive Spending Review Thread
btw, can I point out (as others have) something the last Labour Chancellor said in March this year
Quote:
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"[I]f we subtract spending on welfare and debt interest then we estimate that the rest of public spending would be cut in real terms by an average of 1.4% a year compared to an average increase of 0.7% in the Thatcher era. We have not seen five years with an average annual real cut as big as this since the mid-1970s."
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In the mid-1970s - that would have been under the Wilson/Callaghan Government, then?
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