Exclusive: Vince Cable – “Keynes would be on our side”
That is the headline in the New Statesman in which Vince argues the case
"The outgoing Labour government was already planning a fiscal tightening of 1.5 per cent of GDP in 2010/2011," he writes. "The difference between its deficit reduction plan beyond 2010/2011 and that of the coalition amounts to roughly half a per cent of GDP per annum: well within the forecasting error
We will return to this issue again shortly.One of the great concerns that many Liberals have is that some in the party(including LDV contributors) have swallowed Tory economic policy-analysis and prescription-whole. We need to be explaining in much more detail how a majority Liberal Dem government would differ from Osborne.