Studies by the Joseph Rowntree Foundation and the TUC predict that by 2016-17, the cumulative cost of public service cuts for the poorest tenth of households will be £3,995 – or 31.7% of their average annual income (Heather Stewart in The Observer). George Osborne is proposing welfare cuts of £10bn and police cuts of £3bn. My proposals for traffic system reform, of benefit to everyone except the purveyors of counterproductive traffic control, predict sustainable efficiency savings approaching £80bn a year. Is anyone listening? If anyone is interested, this short 2010 piece outlines the proposal (politically I’m unaffiliated). Since then I have been digging deeper for an upcoming piece for Economic Affairs (the journal of the IEA).
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