A political choice

Plenty of countries run with public spending between 40 and 45% of GDP, as ours will be this year. Nothing intrinsically unsustainable about it (and you'd expect it to be higher than usual when you're recovering from recession).

All about political economy choices - you may want to shrink the state as an ideological choice, but don't believe people who make up arguments to claim there isn't a choice.

Posted By: Tricky Hawes on June 25th 2012 at 15:40:54

Message Thread

Most sense I've EVER read on WOTB: (General Chat) - essexcanaryOTBC, Jun 25, 14:23:26
- Yeah. Apart from being bollocks, of course (General Chat) - Tricky Hawes, Jun 25, 15:09:40
  - Interesting... (General Chat) - POA, Jun 25, 15:32:40
    - Er - that's in current prices (General Chat) - Tricky Hawes, Jun 25, 15:36:20
      - Once again peaks during the wars... (General Chat) - POA, Jun 25, 15:39:21
        
        Do we take that as an apology for showing such a ridiculously misleading chart? (n/m) (General Chat) - Tricky Hawes, Jun 25, 15:42:20
        
        Yes I think we should take it as your apology... (n/m) (General Chat) - POA, Jun 25, 15:43:15
        
        Haha. (General Chat) - Tricky Hawes, Jun 25, 15:44:53
        
        Proportion of national income in an irrelevance... (General Chat) - POA, Jun 25, 15:50:55
        
        Ooooh Kay (General Chat) - Tricky Hawes, Jun 25, 15:55:21
        
        I'll take that as you bowing out... (n/m) (General Chat) - POA, Jun 25, 15:57:03
        
        I very much hope not, given who employs him (n/m) (General Chat) - CB41, Jun 25, 15:53:47
        
        What about the other 3M - 1? (n/m) (General Chat) - Kirrie, Jun 25, 15:40:59
      - definately could do with stopping the recent angle of that curve (n/m) (General Chat) - phrankin, Jun 25, 15:37:58
  - Interesting that the two peaks coincide with WW1 and WW2 - you know what he means! (n/m) (General Chat) - Kirrie, Jun 25, 15:17:47
    - Have to assume that you guys think current Public Spending level is sustainable!? (n/m) (General Chat) - Kirrie, Jun 25, 15:32:14
      - A political choice (General Chat) - Tricky Hawes, Jun 25, 15:40:54
        
        I'm not making a judgement, I'm just saying that current levels of Public Spending.... (General Chat) - Kirrie, Jun 25, 15:46:37
        
        'record level of national debt that we have' (General Chat) - Tricky Hawes, Jun 25, 15:53:58
        
        Misuse of facts... (General Chat) - POA, Jun 25, 16:06:28
      - It isn't unless the 3 people still in work pay more tax (n/m) (General Chat) - CB41, Jun 25, 15:33:27
        
        Do you think they should pay more tax? (n/m) (General Chat) - Kirrie, Jun 25, 15:35:45
        
        I certainly should. (n/m) (General Chat) - CB41, Jun 25, 15:37:41
        
        I would rather not pay anymore tax (General Chat) - phrankin, Jun 25, 15:39:59
        
        Yes, I assumed you'd say that. Incidentally, when did you survey the waist measurements (General Chat) - CB41, Jun 25, 15:42:54
        
        Just go past a local school in a mainly council house area (General Chat) - phrankin, Jun 25, 15:49:19
        
        How do you know they are single? (n/m) (General Chat) - CB41, Jun 25, 15:50:51
        
        even worse if they have non-working partners (n/m) (General Chat) - phrankin, Jun 25, 15:57:55
        
        Tax avoiding companies shaft you more than any Daily Express conjured nightmare scenario (n/m) (General Chat) - Hertz van Rental, Jun 25, 15:42:22
        
        absolutely, I think it is disgraceful they look at one end of the spectrum (General Chat) - phrankin, Jun 25, 15:48:34
        
        It's their mates (n/m) (General Chat) - CB41, Jun 25, 15:51:21
    - In current fiscal year, will be well below peaks in 70s and 80s (General Chat) - Tricky Hawes, Jun 25, 15:23:28
    - and was higher than now during the 1970s and 1980s... (n/m) (General Chat) - Larry Hagman, Jun 25, 15:22:16
      - Have to assume that you guys think current Public Spending level is sustainable!? (n/m) (General Chat) - Kirrie, Jun 25, 15:33:01

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