FAQ

FAQs

1. Is the Campaign aligned to any political party?

No. The Campaign recognises that to be successful it should not be aligned to any political party. If it was it would create division and the issue it is trying to address in terms of the management of our public sector finances applies to each government in power over recent decades and those who would aspire to be in power in the future. 

2. I have no savings and rely on the state to support me. Should I care about the public sector finances? 

Yes for the following reasons: The state can only pay what it takes in via taxation and can borrow. If the debts are too high it may struggle either to borrow or to pay the interest. If it has to seek help from the International Monetary Fund (IMF) it is highly likely their help would come with conditions. There is no way to know of knowing what these conditions might be but reducing outgoings is a reasonable expectation. Inflation is a risk so that the income you do receive may not go as far as it currently does. Also we need the public sector finances to be in good shape to withstand shocks that could impact all of us - such as a war. 

3. Is this a peaceful campaign?

100% yes. The Campaign is based on hard work, the engagement of as many people as possible, respect, fairness, and recognition that the strength is in the case.

4. Does the Campaign overlap with other organisations?

No. It has been set up so that its aims are focussed and don't drift into overlapping with the works of others. For example we don't try to promote any specific government policy because others do that. What we do want to do is to create an environment which allows or encourages them to make responsible fiscal decisions. Others who are far better qualified will be advising them regarding the impact of the policy options.

5. What age would I need to be for the financial issues to really affect me?

Any age. Younger people are starting out with a huge public sector debt to service alongside trying to meet the financial obligations that exist in paying the older generation's state pensions etc. They are more exposed to the numerous risks that could impact our public finances simply because it is unknown when some of the risks might manifest themselves. Equally older generations often have more assets and these are at risk of redistribution or their value being eroded. The timing and level of their state pensions are generally not guaranteed. 

6. Why is the Campaign not promoting or objecting to specific tax and spend policies?

First we feel it would be divisive as far as the Campaign is concerned. For instance it could alienate some people who basically want to support the Campaign but didn't agree with a position of, say, abandoning the pension triple lock. Second every fiscal decision is exposed to unintended consequences. We might promote or support a particular measure which on the face of it could appear to be reasonable but it might actually turn out to be a mis-step. This is where the government's advisors and the organisations who specialise in considering policy are essential in looking at the whole picture. 

7. One of the Campaign actions is to challenge the government in relation to inefficiencies. What do you mean?

Whilst we will not promote specific fiscal policies we do believe that there are significant inefficiencies in the way public sector funds are spent. The public sector has been expanding for a number of years, without any apparent improvement in outcomes. The private sector, whilst not perfect is accustomed to working efficiently. We want to see significant public sector efficiency gains rather than tax increases.