ST Alpha - "Sure, but there's deficit and "deficit". One example - the UK recently agreed to up its defence spending to 2% of GDP (under pressure from the US in " (Reading a Post)

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In response to "The deficit is money in and money out. You can't just ignore a huge portion of the budget and then say the budget is balanced." by spamlet

Sure, but there's deficit and "deficit". One example - the UK recently agreed to up its defence spending to 2% of GDP (under pressure from the US in

Posted by Roger More (aka rogermore) Jan 6 '16, 12:23

particular, and also NATO).

And the UK did increase spending on defence equipment, etc but that increase wouldn't have taken it to the 2% threshold. So they included defence pensions in defence spending, and that got them over the 2% line.

I realise these are dodgy accounting shenanigans, but they are used all the time in politics.

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They are, but the same amount of cash is going out the door. In his plan, we're ignoring cash going out the door. - spamlet Jan 6, 12:24 1
- I definitely agree his plan is flawed, but I see where he is going with it. He doesn't want those things held hostage to government shutdowns, etc -- nm - Roger More Jan 6, 12:36

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Sure, but there's deficit and "deficit". One example - the UK recently agreed to up its defence spending to 2% of GDP (under pressure from the US in

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