Douglas Carswell's Blog

How that deficit reduction coming along?

Further to my last graph, I see that for April, public sector net borrowing rose to £10 Billion. 

I think that when the Swedes and the Canadians cut public spending in the 1990s, they took a different approach.  They cut it.  Across the board.  No exceptions. 

Perhaps its those exceptions - overseas aid increases, more money for Eurocrats, financing for flawed defence contracts, £1 Billion for Libya etc etc - which help keep the graph stubbornly high?

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