Education spending could be cut by £2bn by axing thousands of senior staff and "discipline" over pay, the schools secretary for England has indicated.
Ed Balls, the first minister to suggest possible cost-cutting moves, told the Sunday Times one option was to merge comprehensives to form "federations".
In the Times interview, Mr Balls warned of post-general election pay curbs, saying: "It is going to be tougher on spending over the next few years."
Well, I am very happy that Ed can save schools some £2 billion of our money, but why is this acceptable now?
Because, as far as your humble Devil is concerned, the subtext here is...
"We have to urge restraint now, because we've buggered up the finances. But, of course, it is absolutely fine to piss £2 billion of taxpayers cash up the wall when times are good."
So, Eddie-baby, perhaps you would like to explain to the cash-strapped majority in this country why pissing their money away unnecessarily is absolutely A-OK when your political career isn't riding on it?
And this is one of the crucial things about politicians: their incentives are even worse than the bankers. The only thing that politicos care about is the next election—which occurs in a maximum of five year intervals.
Until then, they are more than happy to waste your money—after all, they didn't have to work hard to earn it, did they?