gordon's plan

Rather than just commenting on the basis of other people's assessment of Gorgon's latest wheeze I downloaded the pdf via this site and have been reading slowly through it. I'm only on page 10 of section 1 and already I'm having a chuckle to myself. This passage

16. That is why the Government has made the choice to maintain and bring forward public investment so that the recession is as short and shallow as possible, and the financial system is stabilised. To cut spending at this time would prolong and deepen the recession, with all of its associated financial costs. However, we must and will reduce our deficits as soon as it is prudent to do so. To ensure future fiscal sustainability, we have set out tax and spending measures that will halve borrowing within five years, and ensure debt is on a declining path in the medium term. We will rigorously prioritise public spending with targeted investment and a tougher focus on efficiency at every level of government.

says that cuts would be bad but there will be a tougher focus on efficiency. Well if being efficient isn't cutting the amount of money spent then what is it precisely? And who could fail to notice the return of prudence? We haven't heard about her for a while.

I have much more to read .. .. .. ..