2 ms·
> That inflation is just the big, publicly-visible aspect of the whole world becoming poorer in real terms Partly, but the UK has higher inflation than many ot
by foldr 4y ago
> That inflation is just the big, publicly-visible aspect of the whole world becoming poorer in real terms
Partly, but the UK has higher inflation than many other European countries facing the same global situation. Brexit and broader economic mismanagement are also factors.
Cuts also have a tendency to be a false economy. For example, underfunding the NHS ‘saves’ money on the balance sheet, but the long term costs to the economy of a less healthy population very likely outweigh those savings. Many of the budget items on the chopping block are really investments, not mere costs.
- pharmakom 4y agoParks are a great example of this. Local parks cost a few million to maintain but save many more millions to the NHS