Wednesday, December 18, 2019

Just 'cause it's in the paper doesn't make it true

Not on-line but here is a quote from a Stuff journalist expressing opinion in today's Dominion Post:

My BS detector always goes off when I read claims about big economic differences between New Zealand and other first world English-speaking countries.

Here apples are not being compared with apples. Coughlan has compared NZ 'core' spending with UK 'total'.

The two following graphs show similar trajectories (as you would expect). In 2019 NZ spending 37.1% of GDP and the UK 39.4%

Total Crown Expenses

Public Spending as a percentage of GDP in the UK

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