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The “phoney war” – now in pictures

September 19th, 2011 Posted in Uncategorized by

In August I wrote about The “Government Cuts” phoney war, in which both the coalition partners and the opposition are pretending that the government is cutting spending, when in fact both know that spending is rising – in real terms, if the government hits its inflation target.

Thanks to Danniel Furr, I can now provide a graphic for those of you who prefer to take information in visually.

So, can any MP explain how “cuts” result in a graph curving upward?

One Response to “The “phoney war” – now in pictures”

  1. Bolivia Newton-John Says: