Cable’s Soothsaying Blip

Having been the front man for the entire LibDem campaign until 45 minutes into the Leader’s Debate, Vince has all but disappeared into the background this week.  No longer the nation’s favourite politician, his soothsaying sage act is also washing a little thin. Inflation figures released yesterday were higher than Cable expected again at 3.4%, leading him to claim that “the inflation rise appears to be a blip caused by things that are out of our control...”

But that’s not how he saw it when he was reading his magical economic runes three months ago in January, then he said with his characteristic bluffer’s confidence “these figures are almost certainly a temporary spike.”  Doesn’t seem too temporary to Guido,* in fact when you print £200 billion and call it quantitative easing (as supported by Cable), you inevitably get inflation.

Perhaps if Clegg would let him back on the platform, he might be able to explain why inflation has remained high and got even worse over the last three months. Could certainly liven up this afternoon’s Chancellor’s Debate…

*Have you taken Guido’s advice?



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

P.J. O’Rourke tells the Daily Politics:

“You really do love your NHS. But what I don’t understand is if it’s so good why are you always trying to fix it?”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

TINY SUPER STRONG ROBOTS PULL 2000 TIMES THEIR OWN WEIGHT TINY SUPER STRONG ROBOTS PULL 2000 TIMES THEIR OWN WEIGHT
BBC JUMPS ON GUARDIAN’S FOSSIL FUEL DIVESTMENT BANDWAGON BBC JUMPS ON GUARDIAN’S FOSSIL FUEL DIVESTMENT BANDWAGON
Biased BBC Election Website at it Again Biased BBC Election Website at it Again
#DollGate Cartoon #DollGate Cartoon
Pump It: Dave Edition Pump It: Dave Edition
VIVIENNE WESTWOOD IN VILE “LIMBLESS BABY” STUNT VIVIENNE WESTWOOD IN VILE “LIMBLESS BABY” STUNT

WATCH: Obama at the 2015 White House Correspondents’ Dinner WATCH: Obama at the 2015 White House Correspondents’ Dinner
Spoiler Alert: Game of Moans Spoiler Alert: Game of Moans
WATCH: Boris V Miliband WATCH: Boris V Miliband
Flashback: Labour’s Shadow Housing Minister Opposed Rent Controls Flashback: Labour’s Shadow Housing Minister Opposed Rent Controls
What’s Claret and Blue? What’s Claret and Blue?
Media Idiocy Media Idiocy
Tom Baldwin Wrote Toxic Migrant Briefing Tom Baldwin Wrote Toxic Migrant Briefing
Ed Weaponises Dead Migrants Ed Weaponises Dead Migrants
Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER
TELEGRAPH TELLING FRACKING PORKIES TELEGRAPH TELLING FRACKING PORKIES
ED MILIBAND IS READY ED MILIBAND IS READY
MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI
PEAK #SEXYMILIBAND REACHED PEAK #SEXYMILIBAND REACHED