Wasting Public Money

Date : 29 February 2004

To : The Editor, The Business

From : Nagindas Khajuria

Subject : Wasting Public Money

WASTING PUBLIC MONEY

Sir - Your editorial (The Roar of a Tory Mouse, 22/23 February) shows your newspaper has more vision than policy drivers at the Conservative Party. Their plans to "diminish public spending as a share of national income from 41.9% of GDP in 2005-06 to 39.9% in 2011-12" is neither here nor there. There is always a margin of error of a few percentages in forecasting over so many years.

Over 36 years, I have followed and observed UK politicians plans, policies and manifestos. Most of them have put too much emphasis on perception and too little emphasis on substance.

Sometimes developed countries should learn from underdeveloped or developing countries' experts on how to reduce public spending drastically without sacrificing the quality or quantity of public services.