Covering a manhole with a bottle cap… Deficit plans
by Benjamin on April 30, 2010
The big issue in the UK at the moment is the size of the deficit and what can be done to plug the hole. And it’s a big big hole. In fact, it’s supposed to be so big that the Institute for Fiscal Studies (a very influential UK think-tank) felt it should investigate how the main parties would fill the gap. As it turns out, that report (also published as a PowerPoint file, why oh why?), suggests that the parties have a long way to go, and David McCandless has done a lovely bit of visualisation of those promises vs. the actual deficit.
How much did you not manage to cover?
The full explanation, and the data, is available here. So where does all that leave us. I don’t know, but perhaps the deficit doesn’t need to hit zero over night, so maybe you don’t need cover the whole thing immediately. But wouldn’t it be nice?
Tags: David McCandless, Deficit, UK
