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Old 25-11-2019, 11:47   #163
GrimUpNorth
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Re: Election 2019 - Week 3

Quote:
Originally Posted by Chris View Post
“Massive extra spending” ... right ...

Have a look at this:


From here:

https://news.sky.com/story/general-e...16328-11869522

Labour’s spending commitments are 28 times greater than the Tories. The Tories are making relativity modest changes to the existing economic model; Labour are attempting to completely change the model.

There is an enormous credibility gap between the two and simply on the basis of better the devil you know, a lot of people will stick with the plan that is manifestly less risky.

If Labour doesn’t understand that the onus is on them to defend their commitments, much more so than the Tories, they’re not fit to put those plans into place.
A bit sensationalist don't you think? If Labour were planning to spend 28 times more than the Conservatives (as you are trying to imply) then the figure would be in the region of £23 trillion (as the current UK government spending is ~£820 billion to £825 billion). I think what your trying to say is the that the Labour proposed increases in annual spending are 28 times that of the Conservatives, which is quite different.

If you put up a graph of total spending as a percentage of GDP then the numbers would be much closer but then you probably know that.
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