[OpenSpending] Spending forecasts vs. spending realities

Tue Feb 14 23:12:48 UTC 2012

This is really interesting!

In terms of throwing some ideas, for budgets a common miss match useful to
spot is the appropriated budget (a.k.a. what Parliament voted to spend) and
real (actual)  expenditure.This is in the cases I know data hard to get,
but still it would be something to think about.
 Best.
F.

On 14 February 2012 18:45, Rufus Pollock <rufus.pollock at okfn.org> wrote:

> On 14 February 2012 13:56, Lucy Chambers <lucy.chambers at okfn.org> wrote:
> > Amazing piece of work from the Sunlight Foundation on Spending forecasts
> vs. spending realities alongside the political evens which may have sparked
> the changes.
> >
> > http://reporting.sunlightfoundation.com/budgets/
>
> Really nice. It reminds me of the Budgetizer Tim (Hubbard) put
> together back in 2010 and which he updated on the latest Economics
> hackday:
>
> <http://okfnlabs.org/openspendingjs/app/budgetizer/>
>
> The aim of this was to show deficit as predicted and as they actually
> happened.
>
> Tip: switch to deficit (default is inflation) and set to whole period
> to see the extraordinary mis-estimation of the impact of the financial
> crisis.
>
> Rufus
>
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-- 
Fabrizio Scrollini
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