Sado-Austerity v. Moderate Social Democracy « LRB blog
▻https://www.lrb.co.uk/blog/2017/06/07/glen-newey/sado-austerity-v-moderate-social-democracy
Some of the IFS [Institute for Fiscal Studies] data makes interesting reading. Labour’s spending plans leave Britain in the lower-middle range of developed economies as regards the ratio of public spending to GDP, well below such collectivist dystopias as Iceland, France, Singapore, New Zealand and Germany. Labour would add £81 billion or 3.5 per cent of GDP to public spending by 2021-22. It aims to eliminate the deficit on non-capital spending within five years.