To all those who say cutting public spending means tough choices and services “decimated” I say just two words: “MPs expenses” – and four more words “public sector fat cats” – and two more words “RBS losses”.
The government should require all MPs to cut their total expenses by 10% in 2009-10. It would not be that difficult, especially for those of my colleagues spending over the average. Indeed, why not ask the big spenders to cut by more? Then, armed with the modest moral authority that would bring, the government should demand a 10% cut in all the other administrative overheads of the public sector.
It should also tell RBS there will be no bonuses, and no salaries above a Cabinet Minister’s, until they are making profits.