Chart of the day: The rise in public spending

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Spending review

George Osborne and Danny Alexander leave Number 10 Downing Street

Spending 削減(する)s: George Osborne and Danny Alexander on their way to 配達する today's 告示

まっただ中に today's 包括的な Spending Review (CSR) we look at how public public spending as a 割合 of the total economy has 急に上がるd in 最近の years.

It has been 予定 おもに to 労働 政策, as the previous 政府 拡大するd the 明言する/公表する's 委任統治(領) and 引き上げ(る)d 予算s on education on health, but also most recently because of 滞るing GDP growth. That has made public spending look even bigger as a 割合 of the economy.

The chart below shows public spending as a 割合 of GDP, as collated from 公式の/役人 財務省 人物/姿/数字s by ukpublicspending.co.uk.

The 後退,不況 of the Seventies, 誘発するd by the oil 危機, meant public spending was also 比較して high 支援する then.

On this 手段, the golden 10年間s were the 1930s and 1950s. にもかかわらず the 重荷(を負わせる) of still 支払う/賃金ing off the Second World War, public spending 範囲d from 34% of GDP to 39% in the Fifties, and from 29% to 33% in the 広大な/多数の/重要な 不景気-blighted 10年間 of the Thirties.

The illustration of that comparison may lead some to 結論する that high 明言する/公表する spending is as a modern 現象.

Public spending graph
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