When is a cut not a cut?
I don’t normally watch Question Time, but I caught the last few minutes before This Week today. In it a member of the audience said that the Tories would cut public spending, and how was this going to make him (an employee of the Ministry of Justice) do his job properly, what with all the full prisons and that.
In reply, Liam Fox, the Tory representative on the panel, said that the Tories “would not cut public spending. We would just let public spending rise slower than the growth of the economy.”
What is that, if not a cut in public spending, in real terms?
Cory
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02:22:33