Originally Posted by wordfromthewise:
“We keep hearing about under funding for the NHS,schools and social care but where do you think this country wastes money that could go towards improving those things and others like education,pensions and public services?
For me I'd start with scrapping the House of Lords and reducing the numbers of MPs .
Within the NHS I have seen waste just in respect of how food is dumped in front of patients and then taken away and thrown away.
Let's not scrap the Royals but do we need to subsidise them as much as we do?
General spending of so called public money with a I don't care it's not my money attitude should stop and would save a fortune,so would excessive salaries-pension pots and pay offs for senior people in public services.
That sounds like a few million to start with....any more?”
Trivial savings. The odd million doesn't buy anything significant - its a matter of tens of billions of tax revenue lost, and massively increasing demand for some spending, outsripping growth.
The reality is that an aging population is growing every year , and NHS demand grows, largely as a consequence, by 4 % more, in real terms, every year, which is about 5 billion. Pensions also rise by 2.5% a year, and allowing for extra pensioners, their cost have gone up by about 5% a year.
Meanwhile, because of the 2008 recession, government income fell, or didn't grow, for over 6 years. That means pensions took over 25% more from a declining , or not growing, pot after 6 years. And NHS demand since 2008 has gone up by over 30% - while GNP didn't grow hardly at all, and NHS spending only rose by 1% a year or less.
if spending on two big sectors , and the benefits bill, continue to rise - while the economy and tax take falls, or doesn't rise as much , its inevitable spending will have to fall savagely on everything else.
And if the economy grows by 1% , There's no possible way to meet NHS demand growing at 4%, or pensions rising at 2.5% You can't tax more - without losing tax take, employment and investment, you can't grow the economy at 4%., and only chilidish politcians believe in free money trees.
Ironically, the people voting Leave, to complain about poor services, have now made their lives worse, by reducing future growth .
Nothing other than more cuts, and/or higher growth, meets the gap between demand for , and supply of money . Most departments are cut below the bone already. Trident would fund less than one year's increased demand on the NHS, and not refurbishing Parliament would pay for less than a third of ome year's annual pension rise.