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Post by flyinkiwi on May 24, 2017 12:30:24 GMT 12
imgur.com/a/C0bblThis morning I was handed a graph of the country's defence spend over 60 years as a percentage of GDP. Note the 8 years from 1990 to 1998 where it reduced by 50%! The big spike around the time of the Korean War is also interesting.
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Post by madmac on May 24, 2017 15:15:05 GMT 12
So do you know if that has been corrected for the effective reduction due to the cost of capital i.e the cash back the government gets.
Is there a corresponding one showing the split between the services over that period?
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Post by pepe on May 24, 2017 20:45:25 GMT 12
imgur.com/a/C0bblThis morning I was handed a graph of the country's defence spend over 60 years as a percentage of GDP. Note the 8 years from 1990 to 1998 where it reduced by 50%! The big spike around the time of the Korean War is also interesting. That post 1991 reduction in defence spending was mirrored across the World. The "Post Cold War Dividend" .... |
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Post by Dave Homewood on May 24, 2017 23:17:34 GMT 12
Compare that graph to this
First National Government of New Zealand (1949–57)
Second Labour Government of New Zealand (1957–60)
Second National Government of New Zealand (1960–72)
Third Labour Government of New Zealand (1972–75)
Third National Government of New Zealand (1975–84)
Fourth Labour Government of New Zealand (1984–90)
Fourth National Government of New Zealand (1990–99)
Fifth Labour Government of New Zealand (1999–2008)
Fifth National Government of New Zealand (2008–present)
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Post by frankly on May 25, 2017 8:26:08 GMT 12
The graph is meaningless.
What is included? What is excluded?
War pensions, capital injections, tax and excise treatment, veterans affairs funding, overseas development funding, civil assistance funding, changes in accounting policy - all this stuff has a significant impact on what the total percentage spend is.
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Post by Dave Homewood on May 25, 2017 15:09:59 GMT 12
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Post by skyhawkdon on May 25, 2017 19:58:56 GMT 12
The graph is meaningless. What is included? What is excluded? War pensions, capital injections, tax and excise treatment, veterans affairs funding, overseas development funding, civil assistance funding, changes in accounting policy - all this stuff has a significant impact on what the total percentage spend is. I hear what you are saying but the long term trend is interesting. It certainly matches how it felt being in the NZDF from 1984-2002 for me - chronically underfunded. It amazes me what we did with so little! National certainly have nothing to crow about either. |
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