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Old 20th Mar 2014, 12:05
  #22 (permalink)  
Squirrel 41
 
Join Date: Nov 2004
Location: UK
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I don't know where the question about coups being anything other than treason comes from, but TOFO and pr00ne have more than adequately covered it off.

On SDSR: post yesterday's budget, two posts are firmly in the ground. One, that under Osborne, state spending over the medium term will fall to 38% of GDP or so, the lowest since the 1940s. Martin Wolff in the FT is good on this this morning. With an ageing population and ever increasing cost of new healthcare treatments, this translates into much tighter budgets for everything else.

Or not quite everything else: Osborne committed himself to maintaining the overseas aid budget at 0.7% of GDP, despite the fact that there is no evidence behind this number. This will, however the budget gets divided up, impact on the amount that MoD will get. I expect to see some push back on it from the thinktanks, but unless there's a major row, it won't change.

S41
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