There are only so many blog Xmas Greetings you can take. Surely.
So something to tuck away for post your eat/drink/be merry festival.
In 1972 2.2 percent of government spending was on law and order; 16 percent on health and 23 percent on social welfare.
In 2011 4.8 percent went on law and order; 20 percent on health and 31 percent on social welfare. Education spending dropped slightly from 17.6 percent in 1972 to 16.5 in 2011.
A crude interpretation might be that we have more crime, worse health and more 'need' to be met with welfare payments. I emphasise crude because there are of course many, many interpretations one could put on the figures.
Now, first present to deliver - a walk for the dog.
Have a wonderful day.
Sunday, December 25, 2011
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3 comments:
Lindsay, these figures you give would be more meaningful if we had a comparison of the size of Govt in 1972 relative to today. I suspect that Govt today takes a bigger slice of GDP percentage wise today than in 1972.
Best wishes for the New Year.
At your service:-)
29 percent in 1972 ($1,847 of $6,335 billion) NZ Yearbook 1973
2011 35 percent (leaving out local govt).
http://treasury.govt.nz/government/financialstatements/yearend/jun11/07.htm
Thanks Lindsay.
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