Vince Cable – who is beginning to resemble a Ferengi from Star Trek: Deep Space Nine – was wheeled on to Marr this morning to talk on financial regulation.
The third party’s treasury spokesman seemed comfortable even when he said the Lib Dems would shrink the state and reduce public spending.
I guess it’s the advantage of knowing he won’t win that allows Cable to be honest.
The difference with the (rather contrived)Tory line on public spending – that there won’t be a decrease, only a reduction of the increase – is marked.
The public purse simply isn't weighty enough for big spending plans in the future.
UPDATE: David Cameron uses similar language in an interview to be published in Total Politics this Wednesday.
"We are going to be facing a situation where we are already borrowing eight per cent of our GDP.
"If the economic forecasts change at the budget it could be a lot more than that. It won’t be possible to do all the things we want to do."
Only the PM clinging on to public spending now.
Sunday, 15 February 2009
Cable is Ferengi
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2 comments:
Dear Mr Lobbydog,
Given that Darling has already freely conceded that his PBR forecasts were away with the fairies, I think Cameron's "If" was just a trifle on the overly cautious side.
But that's "Dave" isn't it, the man who boldly goes only where millions have already gone before.
Agreed Ex, bold striding isn't his strong point.
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