Thursday, 21 October 2010
Even I understand this
I must confess, although I love politics, I have little knowledge of economics (budgets speeches tend to send me to sleep). However, I had no problem understanding the Spending Review - we've run out of money and all need to cut expenditure (all of us).
Even the Queen faces a 14% cut, although having been on the thrown for almost 60 years, Her Majesty has been through spending cuts before - unlike many of the civil servants currenlty working in government departments.
For the last decade, government departments have seen increased spending and investment every year, and for many who have grown up with that culture, it will be very difficult to change.
The UK we see today has come about as a result of the investment culture, what the UK looks like after a parliament of the cutting culture is anyone's guess.