Start the graph at 38% of GDP why don\’t you?
Drawing on IMF figures published last week, the graph compares what will happen to government spending in Britain up to 2017 with the outlook for Germany and the US. And what it shows is that the UK will plunge from public spending on a par with Germany in 2009, to spending less than the US by 2017.
And then use figures for the US which are vastly, gargantuanly, over normal.
And here is a much more useful little chart:
Can\’t really see that government as 40% of GDP is anything out of the ordinary myself. Indeed, it would appear that we\’d be returning to the levels of 2007. Quelle Horreur, eh?