As I have seen before, a lot of political news coverage in the UK (and in the US, for that matter) rather resembles sports coverage, if without the tone of hysteria covering the media’s reporting on England’s World Cup horror show. For instance, over at the Spectator’s Coffee House blog on the issue of public spending cuts, it goes into a lot of the arguments about who said X or Y about cutting A or B. In fairness, the Coffee House crew are pretty good at teasing out the statistics – Spectator editor Fraser Nelson has been excellent in hammering the former government over its debt – but there is something a bit missing from its analysis. And that is this: the scale of the shift that we might see from public sector jobs to private sector. If is true that hundreds of thousands of public sector jobs are to go, and the private sector is going to be encouraged to pick up the slack by new job creation, that is surely good news.
We are not admirers of Cameron’s style of Conservatism here at Samizdata (that’s putting it mildly, Ed), but I’ll give him and his finance minister credit if, at the end of the current parliament, there has been a significant shift away from the state and towards the private sector. We libertarian ideologues are hard to please, but such a shift will be pretty tough to pull off. If it means we have to put up with a certain amount of political BS along the route, I don’t especially mind. It is the general direction that counts.
Update: Guido Fawkes points out that certain leftist publications, reliant on public sector job ads, such as with the Guardian, have an obvious reason to fear the axe. It’s not a bug, it’s a feature!