"michael adams" wrote in message
...

"Adrian" wrote in message
...
On Wed, 22 Jul 2015 16:07:58 +0100, michael adams wrote:

Are you getting £40bn and 40% confused?

*40% of £759.5bn

Except it isn't.

It's 40% of some departments.
The NHS is excluded.
The MoD is excluded.
Schools are excluded.
The ODA is excluded.

So that leaves

Pensions £153.3 billion and Welfare £110.5 billion

Nope, there are a lot more govt depts non excluded.

So that over the next five years leading up to the next election, with an
ageing healthier population, all of whom have the vote, Osborne hopes to
cut either 25% or 40% off the pension bill.

Even sillier than you usually manage.

Or am I missing something ?

Yes, as always.