Ed Balls's suggestion that £2bn could be cut off the schools budget in England is not an entirely academic debate for those interested in Welsh politics.
Students of the Barnett formula will already have worked out that this would leave the Welsh Assembly Government with around £100m less to spend.
It's a sign of how quickly the economic crisis has changed the political debate that a Labour Minister has been able to float the idea without howls of outrage (beyond the teaching unions).
If the idea had come from, say, the Conservatives, even in dire economic times, politicians in Cardiff Bay would be sticking pins in their John Redwood effigy dolls.
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