Cuts (money type)

[FnG]magnolia · 11 Aug 2011 at 13:32

flibbage0 said:
If you are not interested the back button is on your browser.

So, you ignore Evangelion's thorougly well put together post and instead reply to that?

C'mon man, this is your thread, show a little responsibility of it.

e : ah, you both replied at the same time so I perhaps jumped the gun there. Apologies if so.

shoes · 11 Aug 2011 at 13:41

Garee said:
If all these counties are in so much debt - who do they owe it all to?

Everyone and anyone, as well as themselves / their future.

Morbius · 11 Aug 2011 at 13:47

The problem is that the cuts aren't targeting the waste. For instance, in the NHS the managers are tasked with making savings. The real problem is that there are too many managers, but they're not going to make themselves redundant! So front line services go instead.

We should have had independent audits done of public services to determine where savings could be made before going ahead.

Sankari · 11 Aug 2011 at 14:02

Morbius said:
The problem is that the cuts aren't targeting the waste. For instance, in the NHS the managers are tasked with making savings. The real problem is that there are too many managers, but they're not going to make themselves redundant! So front line services go instead.

I agree, but who wants to be remembered as the Prime Minister who cut the NHS? :eek:

We should have had independent audits done of public services to determine where savings could be made before going ahead.

I am pretty sure that's what they did. No government ever lifts the scalpel without first conducting a review.

shoes · 11 Aug 2011 at 14:09

One of the main aspects of my job is value engineering large scale projects. It'd ridiculously easy to find massive savings in pretty much everything by simply applying some common sense and a little effort.

Perhaps I should be made a government waste inspector or something

Mr Jack · 11 Aug 2011 at 14:11

Morbius said:
The problem is that the cuts aren't targeting the waste. For instance, in the NHS the managers are tasked with making savings. The real problem is that there are too many managers, but they're not going to make themselves redundant! So front line services go instead.

The NHS employs less managers than either UK private sector health care or health care in comparable countries. The simple fact is that the NHS is one of the world's most efficient health care systems.

The idea that you can quickly and easily cut from organisations without effecting service delivery or causing long term harm is just tosh. It's embarrassing that our politicians get away with trotting it out repeatedly.

flibbage0 · 11 Aug 2011 at 14:19

[FnG]magnolia;19805436 said:
So, you ignore Evangelion's thorougly well put together post and instead reply to that?

C'mon man, this is your thread, show a little responsibility of it.

e : ah, you both replied at the same time so I perhaps jumped the gun there. Apologies if so.

Hahah no problem

edscdk · 11 Aug 2011 at 14:25

Garee said:
If all these counties are in so much debt - who do they owe it all to?

mostly each other, its a massive ponzi scheme!

Souleh · 11 Aug 2011 at 14:29

edscdk said:
mostly each other, its a massive ponzi scheme!

And a lot of times, themselves. Robbing future generations of pensions and the likes.

Would we be as bad as the US? We'd be worse off. We cant print money and we would be subject to hyper inflation.

scorza · 11 Aug 2011 at 14:55

Cuts are needed, we're investing more in our economy than is sustainable so we need to lower the amount of government investment. It should be remembered however that thanks to Labour's excellent economic record, the UK government total debt as a percentage of GDP is actually lower than many other countries including Germany - so we have time to rebalance.

What we need more than cuts though is growth - our GDP is still 4% lower than it was at its peak in 2008. Get GDP back up to 2008 levels and most of the investment rebalancing has been done. This is the problem, the Conservatives have backed themselves into a corner, telling everyone that cutting is the only thing that matters. As a result, our economy is growing by less and less, making it harder to rebalance government investment i.e. the deficit. We're also starting to see huge increases in social costs as a result of the cuts, which again will have a negative impact on growth as the UK becomes a less attractive place to invest in.

Morbius · 11 Aug 2011 at 15:32

Mr Jack said:
The NHS employs less managers than either UK private sector health care or health care in comparable countries. The simple fact is that the NHS is one of the world's most efficient health care systems.

I know several people who work in the NHS and they all say that there are too many managers. Then there's the problems with purchasing etc. in that they're paying way over the odds for equipment because they don't know how to negotiate. They're paying sometimes as much as 7-10 times the going rate.

Tute · 11 Aug 2011 at 16:03

I'm still trying to figure out if Scorza's post is sarcasm.

Anyhow, what i'd like to know is, as we start to get rid of the defecit, will taxes start decreasing? After all, "we're in it together", so why shouldn't everyone feel the effects of the hard work clearing debt?

Morbius · 11 Aug 2011 at 17:17

Tute said:
Anyhow, what i'd like to know is, as we start to get rid of the defecit, will taxes start decreasing? After all, "we're in it together", so why shouldn't everyone feel the effects of the hard work clearing debt?

We need an budget surplus before we start clearing the debt. Only once the deficit is eliminated can we think about something like that. Even then, it's healthy to run a surplus when you can.