Forsyth Inching Tories Towards Reality

Lord Forsyth has hit the headlines calling for spending cuts of £75 billion a year.  Sounds like a lot until you realise that government will still be over-spending by more than £100 billion a year since the budget deficit is £178 billion.  A government that over-spends by £2 billion a week is going to worsen the debt crisis.

Before Liam Byrne starts spinning about cruel Tory cuts he would do well to remember that Lord Mandelson said it was ‘vital’ to reduce the deficit by some £80 billion in a speech two weeks ago.  Mandelson is still outflanking the Tories…


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Quote of the Day

The Daily Mirror has heard that at the shadow cabinet meeting, Nick Brown lost his train of thought so John McDonnell handed over a piece of paper to help out.

Brown: “You’re really helpful“.

McDonnell: “Yes I am. But it would be great if somebody could tell Skwawkbox that“.

 

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