Politicians only think about themselves and only for the short term looking for re-election. The result will be the money used for populist measures even if it is not sustainable. The example of Greece proves this idea, as there public sector wages rose 50% between 1999 and 2007, despite having a deficit (1). Everyone wants more money, so will vote for such measures. They don’t think about the question of how that money will be acquired in the long run so will go for unsustainable policies that kick the problem to future generations. Only an independent body will be immune to short-termism.  (1) ‘Eurozone crisis explained’, BBC News, 27 November 2012,