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The bank bailout, we’re finally paying the true price...

Noticed how all of a sudden the politicians are bending over backwards to convince the public that they’re prepared to make even more severe spending cuts than their rivals? The political agenda seems to have flipped overnight from ‘doing what’s necessary to get economic growth back on track’ to ‘reigning in public spending to face the new economic reality’. Education currently seems to the big target, with the politicians falling over themselves to hack down on the cost of educating future generations. This is probably because other areas, such as defence and healthcare are, politically speaking, a bit touchy at the moment, whereas nobody really cares that much about schools and universities. Nevertheless, you can bet that savings...

posted on: Sep 21, 2009 | author: Lance