The Forum > General Discussion > Yes we have no Bananas
Yes we have no Bananas
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>>Like dearest Margaret Thatcher said a few years back "The bigger the slice taken by government, the less cake is left for everyone."<<
Such a pity she didn't believe in it enough to turn it into government policy, wasn't it?
When the divine Margaret came to power, the slice of GDP taken by the UK government in "net taxes and national insurance contributions" was 33.4% of GDP
When she was finally prised out of her chair eleven years later, the figure was 35.9%, an increase of 7.5 percent. And in 1984-5, it actually reached 38.7% - a level straight out of the socialists "tax and spend" handbook.
Here's the whole gory story, if you have the patience to download the government's own statistics. It's a spreadsheet, so you might need your wife's help to understand it.
http://www.hm-treasury.gov.uk/media/A/9/pfd_210808.xls
Amazing what a bit of spin can do, if you repeat it often enough, eh.