Meanwhile Anatole Kaletsky said a few things with which I agreed in today's Times:
As Tory leaders become increasingly desperate and fill the airwaves with exaggerated denunciations of public debt, combined with hand-on-heart vows to protect every spending programme they mention and firm commitments to reduce taxes, what will voters conclude? That the Tories are Janus-faced on the most important issue facing the nation — the need to set responsible priorities for debt reduction through tax increases and spending cuts. And being two-faced translates into untrustworthy and contemptuous of the voters’ intelligence... The Tories want to present themselves as potential saviours for a nation that, under Mr Brown’s leadership, has suffered the economic equivalent of Dunkirk. But if they genuinely believe that Britain has suffered 13 years of shocking economic mismanagement since 1997, that reducing debt is an overriding moral obligation and that the country is now on the brink of bankruptcy, then Dunkirk-style sacrifices must be demanded. In that case — which might be described as the Greek scenario — the Tories are grossly irresponsible to promise tax cuts or protect spending programmes such as the NHS, not to mention foreign aid, bus passes and winter fuel payments...
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