Liposuction in Government Spending needed – OECD

[Imported from Whale Oil Beef Hooked on Blogger]

A new report from the OECD suggests that there is room for some “liposuction” on Governemt spending.

“In the environment of large surpluses, there has been relatively little evidence of counterbalancing these initiatives by pruning back lower-priority spending,” the OECD said.

The report also outlines a warning on Tax Cuts but does not rule them out.

“Against this backdrop, it would be regrettable if spending or tax initiatives were implemented that significantly weakened the long-term fiscal outlook.”

The OECD also suggests a national testing system for children at the beginning and end of the school year to measure “classroom productivity”.

I bet this little gem gets buried rather fast by the Teachers Unions and the Government.

 


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