Thread: Starmer’s chronicles
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Old 10-07-2025, 13:41   #1501
1andrew1
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Re: Starmer’s chronicles
Quote:
Originally Posted by nomadking View Post
Deficit figures: 2001/02 £5.5bn, 2002/03 £34.1bn, 2003/04 £41.7bn, 2004/05 £49.1bn, 2005/06 £44.2bn, 2006/07 £39.9bn, 2007/08 £45bn.
All before 2008 crash.
If the 2009/10 deficit of £157.7bn was purely down to the crash, then the deficit would've quickly dropped dramatically back to around £40+bn without austerity. It didn't, so there was massive Labour inbuilt excess spending.
Not sure where you're getting those figures as you don't give a link but this chart presents the information far better.


https://www.ukpublicspending.co.uk/u...ficit_analysis
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