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Regarding public service spending, the UK electorate faces real choices this election

March 2015
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Tags: cep; featured; general election 2015; john van reenen

The possible spending plans of Labour and the Tories illustrate the fact that there are real choices to be made at the election, writes John Van Reenen. When viewed over the longer term, the state of the UK economy is not pretty. National income per person is today about 16 per cent below where it would be on pre-crisis trends (see Figure 1). […]