4 ms·

Now that's a little pessimistic. Look at the graph: http://www.ukpublicspending.co.uk/spending_chart_1950_2010UKb_11s1li011lcn__UK_Gross_Domestic_Product http:

by shubb 9y ago

Now that's a little pessimistic. Look at the graph: http://www.ukpublicspending.co.uk/spending_chart_1950_2010UKb_11s1li011lcn__UK_Gross_Domestic_Product http://www.ukpublicspending.co.uk/spending_chart_1950_2010UK... Exactly what would make the next decade special compared to the last 5? If lack of growth is unusual then expecting it to return would seem rational. Have faith brother!

cjg 9y ago
This log version might be better: http://www.ukpublicspending.co.uk/spending_chart_1950_2010UKb_11c1lo011lcn__UK_Gross_Domestic_Product http://www.ukpublicspending.co.uk/spending_chart_1950_2010UK... You can see the S-shape in the curve. We hit peak growth in the 1970s and it has been slowing since.