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Old 25-11-2019, 11:52   #164
Chris
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Re: Election 2019 - Week 3

Quote:
Originally Posted by GrimUpNorth View Post
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.
In response to a comment by Mr K who was discussing “extra spending”, I think the context of my reply, and the graph, is perfectly clear ... but then I think you probably know that.

We already have a pretty good idea of the sustainability of current spending. What’s critical here is how far the pledges being made in this campaign will push beyond what we presently know to be sustainable.

The question is, how far are the parties diverging from one another and from the baseline of the current budget. The graph is pretty stark and effective I believe. Labour’s manifesto commitments are 28 times greater than the Tories. Fact.

Last edited by Chris; 25-11-2019 at 12:10.
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