![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
Oct. 19th, 2010
-
Over 80% of online PC gaming happens over Steam. Damn that's a lot!
-
Fascinating that developed companies are leaping to electronic cash first.
Spending cuts
Oct. 19th, 2010 12:42 pm
If the government follows through on this spending review, public spending in 2014-15 will be spending 4% less, in real terms than it is today, but roughly the same amount, as a share of the economy as it was spending in 2005-6.
...
Labour is right to stress that economic growth will be crucial to how tough these spending cuts feel - and, indeed, whether cuts of this magnitude are even necessary.
...
But, the coalition is right that this is not about turning Britain into Hong Kong. It is about reversing a small-ish part of the relentless upward march in government spending since the war. The fact that it should take such a gargantuan effort to achieve even this merely demonstrates quite how relentless that upward march can be, in a rich but now ageing modern economy.
from The BBC
![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif){kind=small}