There’s a renewed focus on the politics of ‘austerity’ in the wake of the election, with some senior Tories using the result to proclaim “austerity is over” and endorse even more borrowing, taxes and spending. This fiscal truth bullet is much needed: research from the TaxPayers’ Alliance shows that public spending is just 0.2% lower than in 2009-10. When you look at the actual numbers for 2016-17, it is clear ‘austerity’ never really happened…
Some departments have faced more efficiencies than others, but overall the level of public spending has barely been touched since 2009. A reminder to the Gavin Barwells of the government not to take leave of their senses and embrace Labour’s fantasy economics – they will always be able to promise more free stuff…
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