Showing posts with label spending cuts. Show all posts
Showing posts with label spending cuts. Show all posts

Thursday, 24 June 2010

Trade unions

Ministers are asking public sector staff to suggest savings that can be made.

But Mr Kenny, general secretary of the GMB union, said: "Cameron and Clegg have a damned cheek in asking public sector workers to co-operate in sacking thousands of them. It is an utter outrage."

He said unions were "perfectly capable of speaking up on their behalf" and would be resisting "savage cuts in public services".

No, unions are not 'perfectly capable of speaking up on their behalf'. The 'unions', or rather union leadership, are generally a bunch of far-left loons who do not represent what their members think. To try to say that the workers themselves are incapable of speaking up for themselves and their own opinions is disgusting in all honesty.

Of course, the government could go one step further, and offer financial rewards for good ideas. Now that really would irritate the unions.

Tuesday, 1 June 2010

The "taking money out of the economy" fallacy

To Gordon Brown, Ken Livingstone, and other assorted lefties: government spending being cut does not "take money out of the economy". There is only £X in the economy, and it will remain that way unless the Bank of England decides to print more.

In fact, spending cuts represent money being returned to the economy. Either they result in tax cuts, in which case it's back in the real economy for obvious reasons, or a cut in borrowing, in which case investors are spending less on bonds and funding more capital investment, mortgages, etc.

The left never have been very good with economics.

Thursday, 19 November 2009

What policy?

From the government of policy conflicts comes yet another one.

I know it's meaningless, but having put a bill in the Queen's Speech forcing the next government to cut the deficit, they have been spending willy-nilly and getting us into more debt.

One rule for them, another for the unfortunate government (probably Conservative) who has to sort it out.