Where to start cutting
Michael Portillo believes that a future Tory government, like those that came before it, will not succeed in cutting public spending. I agree with Pete: public finances are so parlous that cuts have to be made. Demolishing the state is not an overnight job; it will take time and cost money, and so it should because the stakes are too high for a quick fix, cowboy politics solution. But, immediate savings are to be made through efficiencies. ‘Efficiency savings’ are derided as being insubstantial. Such an analysis is simplistic. Endemic waste is perpetuated by irrational systems. The Department for Work and Pensions runs an administrative budget of £2.7bn. That is colossal – half
