Saturday September 19, 2020

No alternative but to snip

The cuts that will have to be made to public sector spending will hurt, but there is no other choice

11th July, 2009

There is widespread - though by no means universal - support for the concept of ‘cutbacks’ in government spending. But, as was put tome last week by a seasoned inside observer, this general acceptance that we need to find savings will not stop people from zealously defending their own patches.

However, savings on a massive scale are needed, both to restore order to the public finances and to lower the cost base of...

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