Conservatives on Public spending
The other thing that I have been thinking about is the Conservatives policy on taxation and public spending.Every time I see one of our spokeman he is advocating more public spending (a good reason to be a Tory supporter, I think). Whether on universities, pensions, defence etc. Some of these they claim will be met by cutting student numbers, or cutting 'waste' or changing other benefits. However in each case one can easily assume some transition costs, and for others, such as defence, they just seem to be advocating more money.
So here's the rub. By the time they get into office public spending will be £516bn, or thereabouts. Clearly they, if they are to make an impact, will wish to cut this by at least 5%, or £25bn. Add in some simple extra spending, say £2bn on defence, £1bn for tuition fees and £1bn for pensions, this makes about £29bn.
Does anyone know any policies they have designed to do this?
posted by Matthew @ 12/09/2003 10:53:00 AM
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