I wonder if that pompous prat Osborne (who seems to know even less about economics than Liar Brown) is sitting with his well-paid advisers wondering why public spending and the deficit keep increasing in spite of his ‘cuts’. Let me help him understand with a simple example. Let’s imagine a civil servant who we’ll call Mr Smith. In 2010 Mr Smith earned £125,000. But as part of the ‘cuts’ in 2011 Mr Smith is given 4 years’ salary if he takes early retirement, so in 2011 he gets £500,000. A question for Mr Osborne: in 2011 is Mr Smith cheaper for taxpayers or more expensive? For those, like idiot Osborne who can’t work out the answer, in 2011 Mr Smith is more expensive as £500,000 is a bit bigger than £125,000. So public spending has just gone up, not down.
Now Osborne you idiot, imagine that instead of giving Mr Smith £500,000 to go, you had just reduced his working week from 5 days to 3 days. Then you’d actually have saved the taxpayer £50,000. But such an obvious solution is too complicated for our stupid chancellor.