The public sector did not cause the crash but curbing the pay and pensions of public servants is the central part of the Lib Dem cuts package. The combination of a pay freeze and increased pension contributions would of course mean a cut in take home pay.
But according to today’s Guardian the Lib-Dems ‘would hope to protect, and even increase, salaries for lower-paid public sector workers by cutting the salaries of highly paid managers and by scrapping managerial jobs.’
Yet if you look at Vince Cable’s detailed figures he proposes:
Zero growth overall for public sector pay (saving £2.4 billion a year), a 25 per cent reduction in the total pay bill of staff earning over £100,000 and a salary freeze and end of bonuses for the civil service (saving £200 million a year).
The total public sector pay bill is £158 billion (according to today’s Guardian). It is hard to see how £200 million would make very much difference spread among the very many low paid public sector workers.


Trackback made by Vince Cable at the TUC fringe on Middle Britain | ToUChstone blog: A public policy blog from the TUC on Sep 23rd 2009 at 3:57 pm:
[...] on Middle Britain Posted at 2:29 pm on 23 Sep 09 by Nigel Stanley I’ve had a couple of posts rather critical of the cuts package proposed by Vince Cable at the Lib Dem conference. It would be [...]