Government spending -- value for money
One overlooked implication of the Conservatives' government spending review is that they only found £35bn of savings. Given government spending will be well over £500bn that means only about 7% is considered inefficient, even by the Conservative Party, and even with an extensive politically-motivated search for inefficiency.This compares very well to most private companies, I would have thought, and puts paid to the myth that government spending is massively inefficient.
Another thing is they seem to be promising the tax cut only in the 2007/08 fiscal year, not the 2006/2007 one. I don't know why.
posted by Matthew @ 1/18/2005 01:27:00 PM
Comments: 0
