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BOM Factfile

Saturday, December 03, 2005. Since Labour came to power in 1997, public spending as a percentage of GDP has increased by 2.4%. This is the highest of any G7 country, which on average achieved a. Of 1% over the same period. Posted by Mike D at 12:48 PM. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. Posted by Mike D at 10:15 AM.

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BOM Factfile | bomfacts.blogspot.com Reviews
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Saturday, December 03, 2005. Since Labour came to power in 1997, public spending as a percentage of GDP has increased by 2.4%. This is the highest of any G7 country, which on average achieved a. Of 1% over the same period. Posted by Mike D at 12:48 PM. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. Posted by Mike D at 10:15 AM.
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2 reduction
3 2 comments
4 international spending comparison
5 1 comments
6 3 comments
7 government waste
8 the taxpayers' alliance
9 0 comments
10 bom factfile
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BOM Factfile | bomfacts.blogspot.com Reviews

https://bomfacts.blogspot.com

Saturday, December 03, 2005. Since Labour came to power in 1997, public spending as a percentage of GDP has increased by 2.4%. This is the highest of any G7 country, which on average achieved a. Of 1% over the same period. Posted by Mike D at 12:48 PM. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. Posted by Mike D at 10:15 AM.

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bomfacts.blogspot.com bomfacts.blogspot.com
1

BOM Factfile: Public Expenditure As % Of GDP

http://bomfacts.blogspot.com/2005/12/public-expenditure-as-of-gdp.html

Friday, December 02, 2005. Public Expenditure As % Of GDP. Public Expenditure (Total Managed Expenditure) is currently around 42% of GDP, up from 38.9% in 1997-98. The government forecasts an increase to 42.4% in 2008-09, a 3% increase under Labour. Under the 1979-97 Tory governments, spending was reduced by about 5% of GDP, a substantial achievement. The IFS have an excellent briefing note. Posted by Mike D at 11:11 AM. Why was the 5% cut a 'substantial achievement'? The Cost Of Big Government.

2

BOM Factfile: Main Spending Areas As % Of GDP

http://bomfacts.blogspot.com/2005/12/main-spending-areas-as-of-gdp.html

Friday, December 02, 2005. Main Spending Areas As % Of GDP. Social Security is the largest spending programme, and has doubled over 40 years. But NHS spending is growing faster. Posted by Mike D at 1:59 PM. Notice social security spending has fell since Labour come in. Does the figure for Social Security spending include benefits paid via the "tax credits" system that is, I believe, accounted for under a different department? If not, what would the full figure look like? Public Expenditure As % Of GDP.

3

BOM Factfile: December 2005

http://bomfacts.blogspot.com/2005_12_01_archive.html

Saturday, December 03, 2005. Since Labour came to power in 1997, public spending as a percentage of GDP has increased by 2.4%. This is the highest of any G7 country, which on average achieved a. Of 1% over the same period. Posted by Mike D at 12:48 PM. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. Posted by Mike D at 10:15 AM.

4

BOM Factfile: International Spending Comparison

http://bomfacts.blogspot.com/2005/12/international-spending-comparison_03.html

Saturday, December 03, 2005. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. For more countries and years, see IFS International Comparisons. Posted by Mike D at 10:15 AM. If we are only at the G7 average, how does this tally with your claim that we are a high taxed country? The BOM FACTFILE supports the main Burning Our Money.

5

BOM Factfile: The Cost Of Big Government

http://bomfacts.blogspot.com/2005/12/cost-of-big-government.html

Thursday, December 01, 2005. The Cost Of Big Government. It is now firmly established that higher taxation depresses GDP growth by distorting economic incentives and penalising success. Studies show that a 10 percentage point increase in the tax/GDP ratio cuts trend growth by 0.5-1.0 per cent per annum. Making the cake smaller for all of us (good overview here. Posted by Mike D at 8:31 AM. The BOM FACTFILE supports the main Burning Our Money. Centre for Policy Studies. Office for National Statistics.

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BOM Factfile

Saturday, December 03, 2005. Since Labour came to power in 1997, public spending as a percentage of GDP has increased by 2.4%. This is the highest of any G7 country, which on average achieved a. Of 1% over the same period. Posted by Mike D at 12:48 PM. Using comparable OECD definitions (General Government expenditure), Britain is currently on the G7 average for public expenditure as a percentage of GDP, at just over 43%. The US is lowest on 35%, and France highest on 53%. Posted by Mike D at 10:15 AM.

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