Agreed - it’s arguably as much a risk-on behavior as the excessive spending they’re warning about.
They are using a similar cut-first mentality to what has been done in the private sector, but in the govt there are more considerations than the direct economic impacts of the actions. In an ideal world the better route is likely to spend more time on analysis before making cuts and to try and reduce variance, but it’s fair to say that might impede the initiative entirely plus they are trying to act quickly before the opposition wakes up.
nxobject|1 year ago