Thursday, 11 June 2009

Those public spending numbers crunched

Hats off to Chris Dillow who tries to make sense of the public spending debate and produces a table



He concludes that

The numbers show that Fraser Nelson and the Tories are right. Total spending, after debt interest, will fall in real terms after 2011.
However, this is largely due to the halving of net investment. Except for a pause in 2012, real current spending is projected to rise.

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