Saturday, 22 December 2012

Public Debt. OMG!!!!

There seems to be quite a bit of deficit/debt fear-mongering going, on, particularly on various Winnipeg forums and prairie sub-forums. On the skyscraper city Manitoba/Saskatchewan sub-forum I decided this chart might help dispel the wingnut idea that Manitoba is somehow Greece. The chart uses different  debt to GDP measures (as noted on the x-category access), so it's imperfect - but still does the trick.      

Debt to GDP ratio of various provincial and national
governments.

Image Source: Image constructed by The Analyst
with data from:

Trading Economics

CBC

Y-Charts

Sadly, one has to be sceptical that "fiscal conservatives" will keep in mind the context.


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