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Important to note when people talk about "austerity" they don't mean cuts, but cuts in the future proposed spending increases. Public spending rarely goes down
by bko 4y ago
Important to note when people talk about "austerity" they don't mean cuts, but cuts in the future proposed spending increases. Public spending rarely goes down in absolute terms. Even as a percentage of GDP it doesn't really go down and certainly not since COVID
https://www.statista.com/statistics/298465/government-spending-uk/ https://www.statista.com/statistics/298465/government-spendi...
https://tradingeconomics.com/united-kingdom/government-spending-to-gdp https://tradingeconomics.com/united-kingdom/government-spend...