We haven’t had a bit of evidence-based blogging for a while so Guido has fired up the chart to to bring you this comparison of the Tory and Labour spending plans.
Alistair Darling said in the budget he was taking action to cut the deficit by £57 billion, the Tories say they will go £6 billion further, faster. This £6 billion is what they are boring on about when Gordon disingenuously claims Tories will cut core services and undermine the recovery. £6 billion is less than 1% of government spending and is equal to a mere two weeks of this government’s unfunded over-spending.
Spot the difference? £6 billion is a mere rounding error that still leaves both parties with plans for unfunded over-spending of more than £150 billion. Not much difference is there really?