Every other day there is a document or statement made by a member of a publicly funded department or organisation that says if they are forced to make cut backs [insert public service] will suffer. It is almost like they are taking it in turns, each week a new department.
Yes, we know that cut backs make services suffer, well, that is when they are in the region of 25%. Frankly small cuts of around 5% should make no difference at all if departments do things efficiently but that is another point. The fact of the matter is however, and listen when I say this, because people don't seem to understand it: WE DON'T HAVE ANY CHOICE. Well technically that is a lie, would could just refuse to cut back and then go bankrupt. But then everyone will lose their job and we will be in anarchy. It won't be a case of "I can't afford a new car" rather "there is not point in having a new car because it will just get petrol bombed in the next set of riots".
Cuts of this magnitude suck, but then the reason why they are having to be made is because we over spent in the first place. No one complained when Labour was piddling away hundreds of millions over the years, while claiming to have abolished boom and bust (a natural and inevitable economic occurrence).
Lets do the figures to show what I mean.
You are Mr UK. You earn £100 per week and it costs £100 per week to run the country properly.
When taking advice from Mr Labour you start spending £120 per week meaning you have to borrow £20. You keep doing this until you have a dept of, say £70.
You still earn only £100 per week and it still costs £100 to run the country properly and yet you now have to find more money to pay off the £70.
You could tax more, but that will just kill more companies who won't be able to afford it. So the only thing you can really do is cut back to spending £90 on the country and use the extra £10 to pay off debt. This means that something essential (like the police) has to be cut back more than it ought to be. It is bad for the country, but it is tough luck, you piddled the money that you borrowed away and now you have to pay it back.
So yes, our public services will be cut back too much, but that is the only remedy, if you don't like it you should have kicked off when the government was spending all the money during the good times... but you didn't.
No comments:
Post a Comment