ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

You'll be unsurprised that the Institute for Fiscal Studies has confirmed 'extra' NHS spending promised by the Tories was eaten up by inflation;

this is what happens when the focus is no nominal not real (inflation-adjusted) values.

Its been obvious that the defunding of the NHS was at least partly achieved by being publicly obscure (with media collusion) about inflation-adjusted funding & instead trumpeting absolute/nominal funding increases.

#NHS #health #austerity
https://www.theguardian.com/business/article/2024/may/14/nhs-spending-rise-lags-behind-tory-funding-pledges-ifs-finds

junesim63,
@junesim63@mstdn.social avatar

@ChrisMayLA6 It's like all government spending. They need to increase it by only a pound a year and can trumpet it as record spending. Of course it is.

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