Saturday, Jan 24, 2009
THE government’s hospital building programme faces a “capital desert”
Times: Hospital building programmes face axe
Looks like the governments much trumpeted keynesian spending plans are going down the toilet as both they and their pet PFI programme run out of easy money. 'PFI’s have always been the NHS’s ‘Plan A’; for building new hospitals, especially as they used to be off-balance sheet. There was never a ‘Plan B’. Now none of the banks have any money or are likely to have any for a few years, the absence of a ‘Plan B’ is going to cause a real problem in taking new hospitals to conclusion.'
Posted by enuii @ 10:34 PM (538 views) Add Comment
3 Comments
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1. Mr Plumbase said...
What a pity the government did not take the opportunity to cancel or at least renegotiate the PFI scam as a condition of its very genorous bailout.
2. hpwatcher said...
You can expect the ID card scheme to go the same way, the government are seriously running out of money.......
''The only good government is a weak government'' (I Jenkins)
3. troy said...
The supply of money into the economy is the big issue which governs all the issues. The present economic system is debt-based. This means that virtually all money is supplied to the economy as a debt to be repaid, with interest, to the banking system. Governments rely upon the majority of people going into debt to the banking system simply to create enough money to supply the economy. Governments, too, must borrow from the banking system to fund public expenditure. Taxpayers must then pay back the debt and interest repayments.
2. As a consequence of this debt-based economic system, we see the indebtedness of people, families, and countries growing daily. The present debt-based economic system perpetuates debt slavery, and this is ultimately destructive of society, the environment, and the planet.
http://www.prosperityuk.com/prosperity/bromsgrove/principles.html