The June 22 Budget will herald major spending cuts to tackle the country’s debt crisis. But there is also a wider strategic goal, and it’s called rolling back the ‘Big State’ We are edging, slowly and hesitatingly, towards the sort of debate about the future of Britain that should have happened during the general election, […]
The Two Armed Economist Strikes – 1st Office for Budget Responsibility Report
It was US President Harry Truman who reportedly said that he was fed-up with economists who told him “one the one hand Mr President…”, followed by “but on the other hand….”. Truman said he wanted a one-armed economist.
Thou Shalt Not Pass On Public Debts To Future Generations – I Say, Why Not?
One of the new Commandments is “Thou shalt not accumulate public debts that have to paid off by future generations”. To which I answer, why not? Like most such axioms, any serious analysis soon shows that the Commandment isn’t quite as absolute, or a useful guide to action, as it first appears.
Spending Review Framework: Plus ca change
So, now we know the ‘how’ if not yet the ‘what’ of the cuts in public spending. “The Spending Review Framework” (Cm 7872) published June 8th sets out how the radical new Spending Review will operate, and it’s rather similar to the old one introduced by Labour in 1998.
Losers Dilemma
One of the interesting processes going on at the moment is the election of chairs of select committees in Parliament, and then the members of the committees themselves.
Osborne Attacks Educational Choice (no, not that Osborne)
The current debates about so-called ‘free’ schools remind me of an incident more than a decade ago which was somewhat seared into my memory.
Welcome to Atlantis
So – apparently I have been to Atlantis. And there was me thinking I was just going on a short holiday to somewhere warm, sunny and quiet….. Please indulge this post, which has little to do with Whitehall or even public management, but I just wanted to share.
Whitehall Plays ‘Pass the Parcel’ with 1st Round of Cuts and Job Losses
The most obvious thing about today’s £6.2bn worth of cuts is the degree to which Whitehall departments have successfully ‘passed the parcel’ onto other parts of public services: local and devolved government, quangos, universities, private sector contractors and suppliers, and others will take the bulk of the pain.
Who guards The Guardian?
The Guardian is running with the ‘Labour’s spending spree’ story for all its worth, but no-one seems to be asking some rather obvious questions. First, the story alleges that an unusually high number of Whitehall ‘accounting officers’ (usually permanent secretaries) lodged formal objections to spending decisions in the last year of the Labour government. So […]
Office for Budget Responsibility – major reform or gimmick?
The Office for Budget Responsibility (OBR) is being touted as a really big reform to how the government ‘does’ fiscal policy. Essentially, the claim is that fiscal forecasting will be outsourced to the OBR which will be independent and therefore free of political interference. How does this claim stack up?
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