2010 October 21 Thursday
British Government Slashes Spending

While the United States seems stuck on an unsustainable growth path for its welfare state the Conservatives and Liberal Democrats in Britain have agreed to huge cuts in government spending.

After months of preparing citizens for the worst, the coalition government unveiled cuts of 19 percent on average across most departments. The ax will fall particularly hard on welfare benefits, and the government plans to raise the retirement age from 65 to 66. Only a few priority areas are being shielded, such as the iconic National Health Service (NHS).

The US needs to follow Britain's lead. We can not afford our current government. We need to step back from the madness of borrowing like there's no tomorrow in order to spend more on dubious dreamy policy ideas in education, health care, and foreign policy.

Share |      By Randall Parker at 2010 October 21 11:43 PM  Economics Government Costs


Comments
Juan Williams said at October 22, 2010 6:43 AM:

These are cuts in planned spending. http://www.amnation.com/vfr/#017661

no said at October 22, 2010 9:17 AM:

Thats right Juan:
The Coalition is spending even more than tax-and-waste Labour:
http://www.telegraph.co.uk/finance/comment/jeffrandall/8007556/The-Coalition-is-spending-even-more-than-tax-and-waste-Labour.html

Yet we are hearing in the news 24/7 nothing but cuts cuts cuts.

David Cameron is not a real conservative, never was, and thats why he didn't win the last election, many real conservatives refused to vote for a party lead by him and voted for small right-wing alternatives instead, such as UKIP.

CamelCaseRob said at October 22, 2010 10:01 AM:

There are no cuts. They just lowered projected future increases.

GP said at October 22, 2010 2:38 PM:

Parapundit --I thought you might like this, an ad by a Republican in NY like the daisy ad.

http://www.youtube.com/user/BrumbergForCongress#p/a/u/1/xJT-njYiXmM

Randall Parker said at October 24, 2010 3:07 PM:

no,
I went and read that article and a few other articles about cuts by the Coalition. My understanding is that lots of areas are being cut out of necessity. Costs of interest on the debt are rising. Costs of dealing with medical care for old folks are rising. So lots of departments are being cut to pay the debt and to pay for the costs of entitlements that have been promised for decades.

This is the story for all the Western nations. They will have to cut traditional functions of government (defense, roads maintenance, etc) to pay for entitlements and interest payments on debt.

The comparison with Gordon Brown's 2005 budget was with his 2005 budget. The better comparison would be with the last Labour budget.

CamelCaseRob,

From the standpoint of departments that will shrink there are real cuts. Government outlays per beneficiary in a given category can go down or stay flat even as the total amount of outlays goes up. That's because the number of beneficiaries in that category rises.


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