Public Sector Waste

Patrick Butler has an excellent rejoinder to all those "waste" stories about public services.  These stories are promulgated by (a) journalists looking for a quick and easy story, and (b) rightwing ideologues trying to vilify any form of public spending by pretending it does nothing.  This then sets up an atmosphere where massive cuts can be pushed through to shrink the state.  Brent Liberal Democrats have been playing this game for years, and will no doubt continue to do so, but is it not odd that the private bankers whose incompetence and greed almost destroyed the world economy are allowed to get away without scrutiny?