In My View: Losing out to profit motive
Jon Richards, senior national officer, Unison Children'sServices Workforce Unit
Wednesday, September 19, 2007
Purnima Tanuku's 'Profit or loss?' (13 September) makes some good points about government funding and the private sector, but unfortunately not her suggestion that 'profit' be replaced with 'surplus'. The dictionary defines surplus as, 'an amount left over when requirements have been met'. This is what the public perceive as profit, where funds spent on 'staff training, investment in resources...' and so on have already been included in budgeting and expenditure and therefore are not part of 'profit'.
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