By 2019-20, state spending is forecast to be just 35.2 per cent, the lowest level since the 1930s. To reach this point, without increasing taxes (in fact cutting them by £7.2bn), the Tories will need to cut departmental spending by £55bn in the next parliament: £20bn more than is this one. With most of Whitehalls low hanging fruit already having been plucked, the next government will find it impossible to cut without inflicting hitherto unimaginable damage on public services (which was exactly Smiths point). Local councils, schools, prisons and courts will all struggle to perform their basic duties (as many already are).
Posted on: Fri, 05 Dec 2014 00:00:56 +0000
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