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Re: The British Goverment draw up plans for "Doomsday"
LOL!Originally posted by Mega View Post
From the article:This is what happens when a country is 20 years ahead of the rest of the world at pissing away money at a rate faster than it can earn it. The government of Canada was getting an earful from lenders and there was the real possibility of having to call in the IMF. That's what it took to finally get the politicians and the "free lunch" inclined voters to finally face up to the situation......Hammond revealed he had recently met a delegation of politicians from Canada, who were responsible for a radical 20% cut in spending imposed by the federal government in the 1990s.
“The psychological tactics they used to get ministers to work together, looking at it as a shared problem rather than a series of departmental problems, were important,” said Hammond.
The two architects of Canada’s programme review, Jocelyne Bourgon, who was the country’s top civil servant, and Marcel Massé, a former minister, cut 47,000 civil service jobs.
Under the programme review, ministers and officials were required to assess all the activities of the government “to identify those that no longer served a national purpose or could be delivered more efficiently through other means”.
Subsidies were cut, particularly for transport and agriculture, and many of the activities of government departments were scrapped, pared back or transferred to the private sector...
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Re: The British Goverment draw up plans for "Doomsday"
Any word about what they're going to do after the cuts...other than duck and cover? Is their a program to be implemented after the cutting is done? Cutting 20% can't be the whole program can it? No tax reform, tougher regs on the banking system, defense spending reduction, priority restructure, higher tariffs on imported goods, etc.?Comment
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