Tuesday 15 September 2009

Sacrificial spending

There has to be government spending cuts. Revenues have fallen and the government has run out of money so now some spending plans will have to be "sacrificed". That is the new word for cuts, as seen in the FT this morning.
So that begs the question - did this government set up spending plans and recruitment circuses so they would look really professional when those projects were sacrificed at the alter of Prudence?

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