Jump to content
House Price Crash Forum
Sign in to follow this  
Concrete Jungle

Government Borrowing V Gdp

Recommended Posts

I have recently seen a graph (on HPC I think) showing Government borrowing as a % of GDP going back to the 1945 / 1946. I have tried looking in the useful graphs and charts thread in off topic but to no avail. If anyone can help I would be much obliged as it will assist me in proving wrong a dyed in the wool Labour blind faither.

Many Thanks

BravoSierraDeltaEcho

Mods feel free to move as appropriate

*Edited due to Aurthur Guinness*

Edited by BeenieSiegleDesertEagle

Share this post


Link to post
Share on other sites
I have recently seen a graph (on HPC I think) showing Government borrowing as a % of GDP going back to the 1945 / 1946. I have tried looking in the useful graphs and charts thread in off topic but to no avail. If anyone can help I would be much obliged as it will assist me in proving wrong a dyed in the wool Labour blind faither.

Many Thanks

BravoSierraDeltaEcho

Mods feel free to move as appropriate

*Edited due to Aurthur Guinness*

http://www.hm-treasury.gov.uk/economic_dat..._statistics.cfm

Download the latest public finances databank and look at the net borrowing figures.

H.M Treasury have introduced a smokescreen of distractions, including current (i.e not capital spending) and cyclically adjusted borrowing averaged over the ec0onomic cycle etc....

Share this post


Link to post
Share on other sites
http://www.hm-treasury.gov.uk/economic_dat..._statistics.cfm

Download the latest public finances databank and look at the net borrowing figures.

H.M Treasury have introduced a smokescreen of distractions, including current (i.e not capital spending) and cyclically adjusted borrowing averaged over the ec0onomic cycle etc....

Historically net borrowing to GDP is not that high (2.9% forecast 2008-9 if you believe them), the worst deficits were during the early 1990s, and most of the 1970s. 1967-8 was also higher than today.

The problem is that we have just come out of 10 years of almost unhindered economic growth, yet the curve looks like the good times barely got going, and ended in 2000! (when NuLab really must have binned John Major's spending plans).

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.