Exact(33)
Reform the "bedroom tax" so that existing social housing tenants would not lose housing benefit unless they turn down a reasonable offer of alternative accommodation.
Housing costs act as a lid of sorts, adjusting so that existing home supply is occupied, with the marginal resident indifferent between staying and going.
It would be better to shrink the Olympics' footprint, capping the number of competitors and spectators so that existing sports infrastructure could be used.
In the effort to improve a product or process, care must be taken to evaluate alternatives on the same "cost" and "benefit" bases so that existing approaches do not enjoy a special advantage just because they are familiar.
We need more funds but at the same time we need to make sure we are strengthening systems so that existing funds get absorbed, and also that when new funds become available we have addressed these bottlenecks," he said.
Icai also highlights "some poor use of taxpayers' money", citing the £1.2m that was spent on training 15 new HMRC UK tax advisers so that existing staff could be deployed abroad, when they were not yet needed.
Similar(27)
These days, however, the competition is so intense that existing therapies are not enough.
"The state of the opposition in Egypt is so pathetic that existing parties have lost all credibility," he told me.
The periods of absence are so short that existing staff can usually cover them, and meanwhile the employer saves on the absent employee's pay.
For most of the 1990s, northern China's major river, the Yellow, failed to reach the sea, and the water tables around Beijing and other major northern cities have dropped so low that existing wells cannot tap them.
Demand for IT equipment, it was argued, would continue to grow briskly throughout any downturn in the old economy because the pace of innovation was so fast that existing IT equipment would rapidly become obsolete.
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Justyna Jupowicz-Kozak
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