Yes, I approve of this measure, the Servitude Year Cost.
The Servitude Year Cost measures the cost in years of labour necessary for an income taxpayer on median wage to pay for any given state expenditure. In other words, how many years people will be forced to work to pay for state waste spending. It\’s simple:
1 Servitude Year Cost = £5,800 per taxpayer
It’s easy to apply and allows a clear narrative to translate the ethereal figures into the tangible, physical work that it takes each of use to achieve it. So for example:
2,241 working servitude years were saved by the £13m cut to Bookstart (i.e. £13m/5800) or;
I think more of us should start to use this unit of measurement.
Bookstart (a boondoggle for children’s authors and publishers for the royalties, and for libraries and schools who would prefer to spend money on something other than books) has been reprieved, thanks to the squawks of interested parties such as children’s authors, etc.
Only 2,241 years to go! I should live so long.
http://www.telegraph.co.uk/news/newstopics/politics/8227785/Bookstart-The-chattering-classes-get-their-way-again.html
Tim,
I’m humbled and very appreciative in equal measure.
Thanks
FAV
PS. I just noticed I spelt my name wrong LOL!