While the middle of England tackles unprecedented flooding with little or no help from Westminster (unless you call a promise to study the problem "help") the Secretary of Defence announces a £3.8 billion order for two aircraft carriers.
Yes, there will be job creation in industries that are fast losing their job skills due to closures and a lack of orders. So I suppose there will be re-training programs to add to the cost. Then there are the "natural" cost overruns that always seem to accompany government projects (need I mention the 2012 Olympics?)
But what about some expenditure on flood relief? They're thinking about it. But they are also thinking about how to build even more houses on flood plains, no doubt with no provision for protection from flooding.