Don't Mention the Debt

There is something a little Gordon like about Ed Miliband’s flurry of activity today. The Prime Mentalist went through relaunch after relaunch and the Son of Brown’s latest attempt to lead the agenda has all the hallmarks of his metaphorical father. Ed is set to tell the people of Newcastle that they won’t have the same opportunities that their parents did because of the spending cuts. Once again the head is in the sand and the fingers are in the ears.

If the next generations suffer it will be for because of the tax burden they are under to service the government debt. Given every kid born under the last Labour government will have to overcome the weight of £17,000 as their share of the debt, it’s no surprise Labour’s pollster Stan Greenberg can pull out stats that say over 60% of people think life will be tough for the next generation. They’re broke…




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Quote of the Day

George Osborne paraphrases Boris, telling the FT:

“If the ball came loose at the back of the scrum, I wouldn’t fumble it”

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