Numbers of the Day

Apr 09, 2011 11:14

George Osborne has big plans to cut government spending and cut the budget deficit. Just how big are the cuts(/savings) he's proposing though, as a proportion of total government spending? Either in the next year or over the next four years.

think about it for a minute )

politics, economics

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Comments 3

maddock_ist_rad April 9 2011, 10:34:29 UTC
Much of the problem isn't so much with cuts, but rather with privatisation and other sneaky tory reforms. It's an endless cycle; the Thatcher government managed to increase spending in real terms yet still manage to gut the public sector and Cameron would be happy to do the same, except he's running out of things to gut now and doesn't seem to have any coherent growth strategy, so we are even more fucked than 30 years ago.

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happycycling April 9 2011, 16:32:22 UTC
i am now even more concerned about my job prospects. thank you for that.

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tiredstars April 10 2011, 09:54:17 UTC
The unemployment rate here is still lower than in the US. Although the US rate is going down (very slowly) while the UK is so far holding steady.

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