If George Osborne set out public expenditure with national wellbeing in intellect,what would policy on education, health and crime look like?From the start of his time as prime minister, and David Cameron has made it clear that he understands there is more to life than money. Back in November 2010,in a speech on wellbeing, he said that success as a country is approximately more than economic growth. With the spending review coming up on 25 November to set out public budgets for the next four years, and what would now happen if Cameron told his chancellor,George Osborne, to allocate the money in the spending review in keeping with this sentiment? We will assume that he would want to stick to the deficit reduction procedure; let us also assume that existing ringfenced spending – health, and overseas aid,schools, the science budget and now the commitment to spend 2% of GDP on defence – stays in space. So what would be different in a spending review that focused on quality of life?Continue reading...
Source: theguardian.com