Sweden faced a similar crisis of public finances in the 1990′s. In this promising but ultimately vapid debate, Steven Akerby tells of their solution – initially slicing 5% across the board from local govt finances and the outcome affecting the care of elderly people. Childcare was also affected – e.g. class sizes increased – although there was debate about protecting the most vulnerable.
It’s pretty depressing that even the Scandanavians could not think of some creative yet simple and sensible approach to the problem.
Or maybe they did.