Mark Littlewood writes for the Spectator's Coffee House blog
The coalition partners were right to shelve their timid pre-election rhetoric about the size of the hole in the public finances. The Liberal Democrats’ implausible insistence that cuts shouldn’t start until next year was ditched as soon as they had “looked at the figures”. I remain bewildered at how and why the figures they looked at after May 5th differed in any meaningful way from the figures that were publicly available beforehand. But at least they reached the right conclusion. We should be grateful for small mercies, even if we do have to endure the sight of Vince Cable looking like he’s permanently sucking on a lemon.
Read the rest of the article on the Spectator’s Coffee House blog.