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One way to ameliorate the effects would be to top up investment on school repairs, roadbuilding and the like.
ECONOMIST: Tackling the slump
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School repairs procedures are to be updated, financial regulations improved and the council committed itself to improving the aims and vision of its education services.
BBC: Damning verdict on education authority
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One of the schools which is in need of repairs is Hornsea School, which was declared unfit for purpose by Ofsted inspectors in October 2010.
BBC: East Yorkshire schools need ?550m for repairs
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The Chaddesden school's head teacher Phil Dover said repairs such as replacing collapsed drains were urgent.
BBC: Chaddesden school to undergo ?2m repairs
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According to focus-group studies, pay-day customers are most likely to use the cash for car and home repairs, Christmas shopping, and school expenses, although inevitably some also use the money to go on holiday.
ECONOMIST: Consumer finance
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It is estimated the repairs at St Colm's High School in Twinbrook will cost several thousand pounds.
BBC: NEWS | UK | Northern Ireland | Showroom destroyed in blaze
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School buildings in England are crumbling because the government is not allocating enough money for repairs, the Labour party has claimed.
BBC: Cash shortfall for school repairs claims Labour
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By 1983, according to a famous Harvard Business School case study, the hospital's 12 surgeons were each performing 80 hernia repairs a month, which is 20 times the number done by the typical general surgeon.
FORBES: Bad Medicine