Categories
National politics

UK has second fastest growing public expenditure in EU

Interesting piece on Coffee House blog yesterday.

It points out that the UK has the second fastest rate of growth of government expenditure in the EU. The left’s Plan B and too far, too fast rhetoric are simply nonsense.

The reason that we have the pain of cuts whilst public expenditure is growing is because we are having to pay more benefits and more interest on accumulating government debt. If the markets lost faith in George Osborne we would have to pay double to service our debts. Looking at this comparison there really is no room to increase public expenditure. Balls and co would have to visit massive new cuts on us with their Plan B.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s