Ummm Simple Maths or Economics

Discussion in 'Current Affairs, News and Analysis' started by mumblemumble_drunk, Jun 10, 2010.

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  1. Saw this today on the MOD website.......

    Dr Fox states that in every aspect of Defence, particularly in the support area, he will be looking to bear down on costs, and that he intends to follow through on the commitment in the Coalition Agreement to reduce the MOD's running costs by 25 per cent.

    Simple maths states/suggests that what you do to one side of an equation you have to do to the other.

    Lets assume that the the Def budget is 40bn then a 25% saving on running cost is 10bn; that maths i can do.

    I'm just wondering what what "running costs" are??

    Oh and in the same breath the the SDR will drive things...... oh but we must make a 25% saving

    I'm just saying.... or asking.