Pay restraint
I've just come across this story about plans to cut police pay . It seems to me that the Government needs to think about what is important to the people and therefore what is important to it. If I am in dire fiscal straits then I must consider whether I pay off my bills in any particular order. I could pay all my credit cards and over draft off first while ignoring my mortgage. The end result might be that I end up with no debt quickly because my personal debts are covered and the bank takes my house away to pay off the mortgage I owe them. But, the problem is that I am now homeless. A better solution seems to be to decide what is important to me. Maybe it is better that I pay my debts slowly but have somewhere to live at the end of it. This is the same problem as the Government faces. Does it slash all public spending to the bone, pay all the debts but risk leaving the country in an appalling state at the end of it? Or does it have a real...