NilSatisOptimum
Player Valuation: £70m
TBF the debate between more taxes or more cuts to public services is, and has always been, false.
As Bruce says we tax more than we’ve ever taxed in peace time, and in the article Dave cut and pasted the PCS are right to point out that fourteen years of austerity, which did feature significant cuts to the public sector, did nothing positive.
The waste that still exists in public finances is not to generally be found in the parts of the public sector that actually delivers things; these as said above were cut severely from 2008/9 onwards and are already unsafe. It is however to be found in things that were set up knowingly to drain money from the government - I’ve mentioned them often enough but PFI, paying HB to landlords rather than building and operating social housing, many procurement deals (especially of “expert advice”, ie: consultants) and some of the nationalisations are all things that could be *and were* done better and cheaper by the state.
Labour are rolling back some of these but it needs to be more and done more quickly. The world situation can be used to justify a lot of what needs doing and should be.
Also Richard J Murphy puts it down to the BoE doing some quantitive tightening. He makes a good argument and I'm inclined to agree also.
He says that Labour Government could, and should, tell them to stop it.
