Sunday, July 04, 2010

How to reduce spending

Here where I live in the UK the Government is concerned. Apparently we have to save money. We need to save 40%. That may sound a lot, but there are ways to do it that are totally painless. Government think-tank (withoutAClue) have come up with the ingenious, thinking-outside-the-box idea of a scheme to achieve this cuts and even more. They have deduced a 40% cut in spending means spending 40% less a year. So, rather than spending for something now, if departments wait 40% longer they will have made a saving of 40%. For example, if I need to buy a pencil today what I do is to wait until tomorrow morning and then buy the pencil thus incurring a 40% saving.
If I wait little bit longer (say 70% of a day so I wait until tomorrow evening to buy my pencil) then I will save even more.

And the icing is: if the Government departments generate 40% more paperwork when purchasing something it will clearly take 40% longer to buy something. AND, we can employ 40% more people to make the saving. The logic and economics are flawless.