politicalbetting.com » Blog Archive » Why in the end I voted for Norman Lamb
Although I’ve not been an active Lib Dem for more than a decade and a half I have still retained my membership and consider my politics as being strongly liberal with a small “l”.
Not an LD member, former LD voter - but Norman Lamb would have lost my vote the moment he claimed on Sunday Politics shortly after the election that Labour "bankrupted the country".
Even Andrew Neil was aghast, and challenged him robustly. Utter cynical opportunism, not what the LDs need.
Lamb feels like the party's comfort choice. More likely to spin the "we were right all along" line rather than analysing why the Coalition was utterly catastrophic.
Lamb feels like the party's comfort choice. More likely to spin the "we were right all along" line rather than analysing why the Coalition was utterly catastrophic.
catastrophic for whom?
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
They might not have deserved it, but they got it and it was far from unforeseeable. Tuition fees, for instance, was a fatal error, it should have been an absolute red line condition that they not be increased.
Lamb feels like the party's comfort choice. More likely to spin the "we were right all along" line rather than analysing why the Coalition was utterly catastrophic.
catastrophic for whom?
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
In this case I meant catastrophic for the LDs. Whether or not you think they deserved the hammering they took, the party has to understand why they got hammered and what action they need to do to avoid it in future.
Lamb feels like the party's comfort choice. More likely to spin the "we were right all along" line rather than analysing why the Coalition was utterly catastrophic.
LOL "utterly catastrophic" ?
The LDs took one for the nation to clear up the mess you guys created.
You haven't even accepted or apologised yet for the mess you left in the public finances. A mega gaping black hole is what is utterly catastophic and we still haven't filled it.
The world, or our corner of it anyway, is increasingly liberal socially in many ways (gay marriage, capital punishment, hopefully marijuana soon ...) - though not all ways - see our growing prison population. Whether it is liberal economically depends on whether you take Gladstone's or Lloyd George's definition of liberalism.
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
They might not have deserved it, but they got it and it was far from unforeseeable. Tuition fees, for instance, was a fatal error, it should have been an absolute red line condition that they not be increased.
Tuition fees - the most shockingly badly sold fairly sensible idea ever. The reality of the 'graduate tax on earnings over the average wage to pay for future university funding' lost in favour of hyperbole of 'hundreds of thousands of debt.'
But still, as you say, a horrendous unforced error from the LibDems. If true - I'm not necessarily convinced it is, but it seems plausible - this is an interesting take on it:
It's very hard to change a bad impression made in the first few weeks and months of a new arrangement. I think that goes more on the left than the right, perhaps.
* Lib Dems actually did a lot of good in the coalition, but created an impression that they were weak and being used by the Tories rather than working with them.
Another one: Liz Kendall has allowed herself to be painted as ''red Tory', even 'the enemy within' by going way too far to distance herself from EdM and the other three candidates with her positions and rhetoric.
Not an LD member, former LD voter - but Norman Lamb would have lost my vote the moment he claimed on Sunday Politics shortly after the election that Labour "bankrupted the country".
Even Andrew Neil was aghast, and challenged him robustly. Utter cynical opportunism, not what the LDs need.
Right so there was no financial problem left by Labour ?
The huge imbalance in the books had noting to do with the then government ?
Norman is to my mind the more serious candidate, Tim the more populist. Unfortunately, it may be that the LibDems need a populist right now.
To some extent there's a similar issue with Labour. Yvette is probably the most heavyweight of the candidates and the easiest to see in Number 10, but the others are more natural TV communicators.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
Norman is to my mind the more serious candidate, Tim the more populist. Unfortunately, it may be that the LibDems need a populist right now.
To some extent there's a similar issue with Labour. Yvette is probably the most heavyweight of the candidates and the easiest to see in Number 10, but the others are more natural TV communicators.
Surely the reality is that they need both - one to win votes, and one to reorganise the mess that's been left into something that can fight an effective election? Labour as you say have the same problem although with leader and deputy leader up for grabs that may resolve itself.
I went for Lamb too, after planning to vote Farron. Lamb ran a good campaign, and while Farron is good on rhetoric I was not so convinced that his arguments would stand up to scrutiny as well.
I would prefer either of them to any of the Labour candidates or any of the likely Tory contenders.
O/T - this is a fantastic letter of conjecture and supposition.
The "stars" assert that the BBC is an unparalleled creative force for good, that would be greatly diminished if it turned into a market-failure broadcaster, whilst failing to give any examples of why that would be so:
Lord Hall goes on to say that he refuses to allow the BBC to be dominated by commercial interests, or for the government to constrain its creative output, then cites Strictly, Bake Off and Top Gear as examples of what would be lost - all shows for which there is a very strong commercial market which could more than adequately supply such 'creativity':
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Its entertaining watching parties confronted with Election rhetoric they thought they would never have to implement - either because they didn't think they'd be in government (the Lib Dems) or form a majority government (SNP, Conservatives...)
Meanwhile, a nice demolition job of Russia's 'Colin Powell' moment:
It's very hard to change a bad impression made in the first few weeks and months of a new arrangement. I think that goes more on the left than the right, perhaps.
* Lib Dems actually did a lot of good in the coalition, but created an impression that they were weak and being used by the Tories rather than working with them.
Another one: Liz Kendall has allowed herself to be painted as ''red Tory', even 'the enemy within' by going way too far to distance herself from EdM and the other three candidates with her positions and rhetoric.
This narrative from the left (which seems to have the danger of being accepted by many Lib Dems) is utterly false. The Lib Dems were not hammered simply due to being weak and working with the Tories.
If they were, then they would have held on better against the Tories in the South and lost against Labour in the North. Instead the Lib Dems to my reckoning lost 27 seats to the Conservatives and just 12 to Labour. Most Lib Dem losses were to the Tories and more than twice as many Lib Dems seats turned blue as red. The loss of tactical voting alone doesn't explain the loss of all these seats to the Tories.
The world isn't increasingly illiberal, quite the opposite.
It's difficult to look beyond the rather grubby coterie of ideologues currently camped in and around Downing Street.
The Tories disbanded the ultras, the Young Tories because they were utterly revolting. Skip a generation and this squalid bunch of thugs are now in power and as repellant as ever.
The world isn't increasingly illiberal, quite the opposite.
It is more liberal on things like sexuality, gender roles, attire and consumer choice.
It is becoming less liberal on freedom of expression, tolerance of dissent from orthodoxy, personal privacy and state monitoring.
There are also some very dark forces at work in the world who entirely reject our way of life - there's no way of knowing how all that will eventually pan out.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
handandmouse: please, actually read something other than the Mirror and try to get a more balanced view of what happened between 2005 and 2010. Blaming the global financial crisis for the fact Britain had the worst deficit in the OECD in 2010 is dishonest at best.
OGH - Indeed a difficult choice - a third candidate may have been quite helpful.
Have met Lamb several times and whilst a reasonable thinker (but it is wide and far-ranging enough) and a steady-as it-goes man, am not sure if that is what is needed for 2020 and the interim.
Farron has plenty of fire, but does he know in which direction he is aiming and is he carrying too many chips?
A meld of the two candidates would have been best, but sadly that was not on offer.
Yes in general the world is getting more liberal or just pragmatic, excepting of course Isis/Isil which is liberal intolerant. Will be see a major intervention to try and shut them down or is their geographic spread just too great now?
It's very hard to change a bad impression made in the first few weeks and months of a new arrangement. I think that goes more on the left than the right, perhaps.
* Lib Dems actually did a lot of good in the coalition, but created an impression that they were weak and being used by the Tories rather than working with them.
Another one: Liz Kendall has allowed herself to be painted as ''red Tory', even 'the enemy within' by going way too far to distance herself from EdM and the other three candidates with her positions and rhetoric.
This narrative from the left (which seems to have the danger of being accepted by many Lib Dems) is utterly false. The Lib Dems were not hammered simply due to being weak and working with the Tories.
If they were, then they would have held on better against the Tories in the South and lost against Labour in the North. Instead the Lib Dems to my reckoning lost 27 seats to the Conservatives and just 12 to Labour. Most Lib Dem losses were to the Tories and more than twice as many Lib Dems seats turned blue as red. The loss of tactical voting alone doesn't explain the loss of all these seats to the Tories.
Clearly the LD coalition broke in 2015.
Left of Centre voters no longer had an incentive to vote LD in these Tory-LD marginals.
Meanwhile right of centre voters were more able to vote for the new detoxified Tories and actively chose them as the stronger of the two options most likely to keep Labour out.
Lamb feels like the party's comfort choice. More likely to spin the "we were right all along" line rather than analysing why the Coalition was utterly catastrophic.
catastrophic for whom?
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
In this case I meant catastrophic for the LDs. Whether or not you think they deserved the hammering they took, the party has to understand why they got hammered and what action they need to do to avoid it in future.
LDs blame the coalition - but in reality it was the way they behaved in the coalition that caused their downfall.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
How much surplus would you recommend we require in order to prepare for the next global banking crisis?
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
Usual head stuck up your arse lefty denial bollocks.
Who was in charge of regulating the banks ? Who chose to go on a public sector spending binge paid by borrowing and PFI ? Who shifted taxation from income and VAT on to a housing binge and fictitious bank profits?
Can't see the appeal of Norman Lamb to left of centre voters who didn't vote LD last time.
What does Farron offer those voters that Labour does not?
What both Farron & Lamb offer is not being the likely LAB leader, Andy Burnham - the disaster that is waiting to happen.
Out of curiosity, OGH, what do you think the likely implications are of a Burnham/Watson double act, which is where the expectations seem to be coming in? Or is there a thread on that in the offing for September if it comes to pass?
While the LibDem Leadership contest draws peacefully to a close...
So when opponents in the Labour Party call Liz Kendall a Tory what they mean is that she wants Labour to win. And she wants Labour to win in Britain as it actually is — with an electorate who want good schools, a patriotic government, well funded armed forces and welfare focused on those most in need. Labour has lost twice by ignoring the views of the voters.
Admirable as Lamb's work on mental health was I still think the most significant contribution by a Lib Dem in the last government was by Steven Webb and his pension reforms, particularly his reforms to public sector pensions which did more than almost any other minister outside the Treasury to reduce our structural deficit. He was a particularly sad loss for the party.
If I had a vote I would have gone for Lamb too. The Lib Dems had their first role in power for the best part of 100 years and Farron chose to opt out and not have to make the hard decisions. If the Lib Dems are going to opt out what is their point? A liberal voice is needed but so are liberal policies. Thank goodness for Osborne and his Liberal Democrat budget.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
How much surplus would you recommend we require in order to prepare for the next global banking crisis?
On a personal basis, used to say 4-6 month's salary, now it should be at least 1 year. So would that basis be true for the UK. I mean accrued surplus (assets) and not surplus of one year's P&L.
This narrative from the left (which seems to have the danger of being accepted by many Lib Dems) is utterly false. The Lib Dems were not hammered simply due to being weak and working with the Tories.
If they were, then they would have held on better against the Tories in the South and lost against Labour in the North. Instead the Lib Dems to my reckoning lost 27 seats to the Conservatives and just 12 to Labour. Most Lib Dem losses were to the Tories and more than twice as many Lib Dems seats turned blue as red. The loss of tactical voting alone doesn't explain the loss of all these seats to the Tories.
Clearly the LD coalition broke in 2015.
Left of Centre voters no longer had an incentive to vote LD in these Tory-LD marginals.
Meanwhile right of centre voters were more able to vote for the new detoxified Tories and actively chose them as the stronger of the two options most likely to keep Labour out.
I think the explanation is simpler and can be summed up as "if you stand for nothing, you'll fall for anything".
In what was going to be a close election every other party made clear where they stood on the result (eg pro-austerity or against etc) the Lib Dems did not. Nobody can state what a vote for the Lib Dems was a vote for. They were prepared to work with anyone and not be against anyone.
In previous elections to Labour leaners a vote for the Lib Dems was a vote against the Tories, for Tory leaners a vote for the Lib Dems was a vote against Labour. In this election to Labour leaners a vote for the Lib Dems could let in the Tories; for Tory leaners a vote for the Lib Dems could let in Labour [and the SNP].
A vote for the Lib Dems was barely one step above not turning up to vote at all. It was a vote to let other people decide the election result. If you're going to vote, you may as well decide the result yourself. Had the Lib Dems stood firm on one side of the road or other they could have kept half their seats, instead they stood in the middle of the road and got ran over by an on-coming truck as a result.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
How much surplus would you recommend we require in order to prepare for the next global banking crisis?
Surplus? - Just follow basic Keynesian economics and don't run a budget deficit at the height of the economic cycle would be a good start.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
I don't think it's dishonest at all.
Labour should also be blamed for breathtakingly incompetent and complacent financial regulation which helped cause the "global financial crisis". That phrase is Labour spin. It was global in its effects, but the countries where financial regulation was laxest and which caused said crisis were remarkably few: off the top of my head, the US, the UK, Ireland and Spain. Maybe a few others. Canada, for instance, had its financial crisis in the early 1990s, and so was much better regulated than we or the Americans. So when the crisis hit, it experienced the indirect effects, but not the direct ones.
Labour's only defence is that the Conservatives would have done as badly on financial regulation, but counterfactual defences are always weak. The fact that Labour would have joined the ERM as well did nothing to protect the Conservatives from being blamed for 1992.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
How much surplus would you recommend we require in order to prepare for the next global banking crisis?
Any surplus would be decent normally, although because Brown's debt has ran us up past 70% debt:GDP ratio the higher the better. We need to get our debt:GDP ratio back down towards 40% and that's going to take both a lot of surpluses and growth.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
Can't see the appeal of Norman Lamb to left of centre voters who didn't vote LD last time.
What does Farron offer those voters that Labour does not?
What both Farron & Lamb offer is not being the likely LAB leader, Andy Burnham - the disaster that is waiting to happen.
So in short, your LD strategy is to take the early 80's approach; take on Labour and replace it as the left of centre party.
With 8 MPs and a recent history where the party is seen as Tory light that's brave.
Much better to take the proven 90's/00's approach to work together on the left and win MPs where you are strong.
I think Mike's right. The 90's/00's approach built on areas of strength and second-place starts that the Alliance built up in the 80's.
The existential crisis for the Lib Dems this year is that they didn't just lose their old seats, they also lost their second places. In the South West the Lib Dems went from either first or second to being third at best in general. Strategy of "building where you are strong" doesn't work if you're not strong.
If I had a vote I would have gone for Lamb too. The Lib Dems had their first role in power for the best part of 100 years and Farron chose to opt out and not have to make the hard decisions. If the Lib Dems are going to opt out what is their point? A liberal voice is needed but so are liberal policies. Thank goodness for Osborne and his Liberal Democrat budget.
Same here. Barron's Christianity has been used too often as an excuse for illiberal actions.
Alan Brooke: please, actually read something other than the Telegraph and try to get a more balanced view of what happened between 2005 and 2010. Blaming Labour for the global financial crisis is dishonest at best.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
I don't think it's dishonest at all.
Labour should also be blamed for breathtakingly incompetent and complacent financial regulation which helped cause the "global financial crisis". That phrase is Labour spin. It was global in its effects, but the countries where financial regulation was laxest and which caused said crisis were remarkably few: off the top of my head, the US, the UK, Ireland and Spain. Maybe a few others. Canada, for instance, had its financial crisis in the early 1990s, and so was much better regulated than we or the Americans. So when the crisis hit, it experienced the indirect effects, but not the direct ones.
Labour's only defence is that the Conservatives would have done as badly on financial regulation, but counterfactual defences are always weak. The fact that Labour would have joined the ERM as well did nothing to protect the Conservatives from being blamed for 1992.
Funny how the US presidential enquiry did not blame Britain then? You'd have thought they'd be pleased to avoid the charge that it "started in America". The reason it hit Britain badly has sod all to do with regulation and a sight more to do with relying on tax revenues from the City.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
If you live on maxing out the credit cards, then one day you will get an almighty shock when your income declines and you cannot pay them off.
There were plenty of signs that Labour's economic regulation was not working - so why were they unprepared..
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
Wrong. Totally wrong.
Prior to the UK's recession of 1990 the Tories were running a budget surplus of £4.2 in 1989 and a budget surplus of £3.9 in 1988. This meant that sensible pro-cyclical deficits could be ran (and were being shrank) after the 1990 recession.
Now just imagine what a different position we'd be in if Gordon Brown had been running a surplus in 2006 and 2007.
As for an "end to boom and bust" that was Brown's own bulls**t. If he fell for his own bulls**t he's still responsible for it. All economists know there is an economic cycle and would have expected a recession to happen eventually (even if the direct cause or date of it isn't know). To expect no future recessions is as moronic as expecting no future rain.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
If they genuinely thought they had abolished boom and bust, then they were idiots. They were on path to miss Gordon Brown's golden rule even before the recession hit.
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
They didn't know there was a financial crisis ?
Let's see they're regualting what was then the world's largest financial centre and hadn't a clue about the downsides ?
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
Do you actually BELIEVE this? Not that it matters much, because the voters certainly don't.
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
Interesting points OGH. Ideologically I am closer to Lamb, but I think Farron would be the best choice for the LDs in electoral terms, less linked to the Coalition, a better campaigner, more charismatic and more likely to win tactical votes
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
Interesting points OGH. Ideologically I am closer to Lamb, but I think Farron would be the best choice for the LDs in electoral terms, less linked to the Coalition, a better campaigner, more charismatic and more likely to win tactical votes
I would be pretty happy with Farron, but Lamb edges it for me.
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
The political and economic impact of 9/11 cannot be understated.
Jonathan, debating on here the merits of something from recent history that is largely settled in voters minds is frankly a waste of time. We do not waste time debating the merits of ERM on the Conservatives because it happened and severely damaged them. It was fair because they had a choice of not following it but instead chose to follow the establishment view, which Labour and the Lib Dems also had. The voters have judged Labour as having major competence issues in 2010 and 2015. Now who should be the new Leader best able to move on from that? A male denier? A female denier? A male who has some regrets? A female that says that labour spent too much? Personally I hope you pick a denier.
The world, or our corner of it anyway, is increasingly liberal socially in many ways (gay marriage, capital punishment, hopefully marijuana soon ...) - though not all ways - see our growing prison population. Whether it is liberal economically depends on whether you take Gladstone's or Lloyd George's definition of liberalism.
Maybe in much of the west, though there are increasingly hostile actions illegal immigrants and tougher security measures because of terrorism etc. I don't think anyone would class Russia or the Middle East or China as liberal at the moment
Can't see the appeal of Norman Lamb to left of centre voters who didn't vote LD last time.
What does Farron offer those voters that Labour does not?
What both Farron & Lamb offer is not being the likely LAB leader, Andy Burnham - the disaster that is waiting to happen.
The disaster that has the highest favourables of all the Labour leader leadership candidates! After Kendall came out against the inheritance tax cut yesterday she is in danger of turning off her core vote, Tories, having already lost the Labour membership!
Can't see the appeal of Norman Lamb to left of centre voters who didn't vote LD last time.
What does Farron offer those voters that Labour does not?
What both Farron & Lamb offer is not being the likely LAB leader, Andy Burnham - the disaster that is waiting to happen.
The disaster that has the highest favourables of all the Labour leader leadership candidates! After Kendall came out against the inheritance tax cut yesterday she is in danger of turning off her core vote, Tories, having already lost the Labour membership!
Morning. I see Mme Legard is trying to get her money back from the ECB, while the ECB try to suggest that the whole EU should be paying for the Greek bailout. She must be absolutely furious with her predecessors for ever getting involved in the Euro and its bloody big mess.
On topic, whoever the LDs choose has a big job to win back seats in 2020. They also did the right thing with a shorter campaign, we have another two months of the LAB campaign to go as they argue with each other rather than opposing the government - not that the government are complaining of course, they are enjoying the baiting of the SNP far too much!
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
The political and economic impact of 9/11 cannot be understated.
Jonathan, debating on here the merits of something from recent history that is largely settled in voters minds is frankly a waste of time. We do not waste time debating the merits of ERM on the Conservatives because it happened and severely damaged them. It was fair because they had a choice of not following it but instead chose to follow the establishment view, which Labour and the Lib Dems also had. The voters have judged Labour as having major competence issues in 2010 and 2015. Now who should be the new Leader best able to move on from that? A male denier? A female denier? A male who has some regrets? A female that says that labour spent too much? Personally I hope you pick a denier.
I think Kendall is the only one who could bring back some of the kippers, though probably would lose the greenies. Corbyn the converse! Both Burnham and Cooper are continuity Brown, but I do not think Labour are ready for that insight just yet.
Kendall is the only one who would stall a LD recovery, there is already a degree of buyers remorse in 2015 new Con voters.
OGH a brave vote. But whichever is chosen it looks like a hospital pass. Can the new Leader get the Lib Dems back to 2,000 councillors, or will the councillor losses continue?
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
Do you actually BELIEVE this? Not that it matters much, because the voters certainly don't.
Interesting points OGH. Ideologically I am closer to Lamb, but I think Farron would be the best choice for the LDs in electoral terms, less linked to the Coalition, a better campaigner, more charismatic and more likely to win tactical votes
I would be pretty happy with Farron, but Lamb edges it for me.
My 2p worth on the subject as a non LD.
Farron and Lamb are very different characters with very different styles, I’ve no doubt both are more than capable of leading the LDs and holding their party together. – However, the trouble I see for the LDs between now and 2020, is the same old problem of being ignored by national media while the two main parties battle it out in Westminster. - Admittedly it is not their only problem, but if raising issues and being heard counts for anything, then I think Farron is the stronger candidate of the two.
Mike: can I say that I wholeheartedly agree with this statement - "The way he raised the status of mental health within the NHS can be rated as perhaps the party’s biggest political and most lasting achievement from the coalition years."
Something close to my heart and were I a LibDem member I too would have voted for him.
It's to be expected at the current record high levels of employment and low levels unemployment that the figures will fluctuate from now on. In my view, we are returning to labour market stability where the numbers move with peak hiring and firing patterns, along with the summer entry of students and school leavers to the jobs market.
Some interesting pieces within the bulletin:
a) 12,000 Strike Days lost in month - 10,000 were public sector, 2,000 private sector. Five times as much industrial action and with only a fifth as many workers;
b) Slight decline in job vacancies driven by small employers (1-9 employees);
c) Most of the rise in unemployment is public sector lay-offs;
d) As the number of lone parent claimants falls, the number of females too unwell to work rises;
e) Employment Rates.
UK Overall 73.3%
84.1% EU8 - Poland, Latvia, Lithuania etc 79.0% EU27 76.7% EU2 - Romania and Bulgaria 74.0% UK Born 70.6% India 66.8% African (excl South Africa) 53.0% Pakistani/Bangladeshi
Jonathan and the other socialist posters on here Q: Which party since 1970 first linked the work of the UK Govt with the causes of the UK economic cycle? A: Labour, when Gordon said they had abolished boom and bust.
Q: Which party since 1970 first stated that the work of the UK Govt did effect the the World economic cycle? Brown did when he boasted that his work was "saving the world".
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
The political and economic impact of 9/11 cannot be understated.
Jonathan, debating on here the merits of something from recent history that is largely settled in voters minds is frankly a waste of time. We do not waste time debating the merits of ERM on the Conservatives because it happened and severely damaged them. It was fair because they had a choice of not following it but instead chose to follow the establishment view, which Labour and the Lib Dems also had. The voters have judged Labour as having major competence issues in 2010 and 2015. Now who should be the new Leader best able to move on from that? A male denier? A female denier? A male who has some regrets? A female that says that labour spent too much? Personally I hope you pick a denier.
I think Kendall is the only one who could bring back some of the kippers, though probably would lose the greenies. Corbyn the converse! Both Burnham and Cooper are continuity Brown, but I do not think Labour are ready for that insight just yet.
Kendall is the only one who would stall a LD recovery, there is already a degree of buyers remorse in 2015 new Con voters.
If Farron wins Kendall would probably give the LDs their biggest boost as Farron is to her left and would attract back to the LDs many of the voters who returned to Labour after leaving post Iraq and Blair
The dishonesty is yours. Labour are not blamed for the "global financial crisis" that is pure spin. Labour are blamed for failing to fix the roof before the global crisis hit.
Between 1979 & 1997, the Tories ran a structural deficit every year and a current account deficit for 16 of those 18 years - why didn't they 'fix the roof'?
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
Wrong. Totally wrong.
Prior to the UK's recession of 1990 the Tories were running a budget surplus of £4.2 in 1989 and a budget surplus of £3.9 in 1988. This meant that sensible pro-cyclical deficits could be ran (and were being shrank) after the 1990 recession.
Now just imagine what a different position we'd be in if Gordon Brown had been running a surplus in 2006 and 2007.
As for an "end to boom and bust" that was Brown's own bulls**t. If he fell for his own bulls**t he's still responsible for it. All economists know there is an economic cycle and would have expected a recession to happen eventually (even if the direct cause or date of it isn't know). To expect no future recessions is as moronic as expecting no future rain.
It is clear that the public buy all this stuff about if only we had been running a surplus before the crisis etc etc. But, seriously, what material difference would it have actually made? A surplus of say £5billion in 2007/8 would still have been blown out of the water by the £50b put into the failed banks never mind the billions then lost in revenue due to the following recession.
I think Osborne has taken a risk. His colours are nailed firmly to the sound money mast. What will be their pitch in 2020 if we have had another recession and the roof is still not fixed?
The priority for the Lib Dems has to be survival, and gradually recapturing what they've lost. For that, I think the more populist Tim Farron is the better choice.
The attempts by the EU Commission to blur the distinction between the Eurozone and the EU is one of the few things that could drive me decisively into the No camp on the referendum.
I quiet agree - I don't like him at all, and would vote for Lamb if I had one - but Farron is the sort of in-yer-face type that the LDs need to simply get on the telly.
The priority for the Lib Dems has to be survival, and gradually recapturing what they've lost. For that, I think the more populist Tim Farron is the better choice.
Can't see the appeal of Norman Lamb to left of centre voters who didn't vote LD last time.
What does Farron offer those voters that Labour does not?
What both Farron & Lamb offer is not being the likely LAB leader, Andy Burnham - the disaster that is waiting to happen.
The disaster that has the highest favourables of all the Labour leader leadership candidates! After Kendall came out against the inheritance tax cut yesterday she is in danger of turning off her core vote, Tories, having already lost the Labour membership!
The polls pure and simple and his net favourables which are better than all of them, including Kendall. He is also the only candidate who could appeal to all the areas Labour needs to appeal to, Scotland, UKIP voters in the north, ex LDs and Green voters, and voters who backed Blair in 2005 and are now backing Cameron. After Kendall came out against the inheritance tax cut yesterday it confirmed her appeal to Middle England is overestimated, even Burnham said the Mansion Tax was a mistake, and she also risks losing votes to the Greens and LDs and turning off Scotland. Cooper and certainly Corbyn would turn off most of the voters Labour needs to win back from the Tories
Interesting points OGH. Ideologically I am closer to Lamb, but I think Farron would be the best choice for the LDs in electoral terms, less linked to the Coalition, a better campaigner, more charismatic and more likely to win tactical votes
I would be pretty happy with Farron, but Lamb edges it for me.
Interesting but I think it will be Farron in the end
A question for the SNPers on here - how do you feel about a whipped SNP vote on the Assisted Dying Bill when other Parties are allowing a free vote on this highly personal issue of conscience?
Is this a good tactic by Ms Sturgeon to annoy her way to victory for SIndy or a step too far that will alienate SNP voters who don't like an issue like this to be a political football?
OGH Going on your statements in this article at a guess did you vote for Alan Beith in 1988, Malcolm Bruce in 1999, Chris Huhne in 2006 and 2007 as well as Lamb in 2015?
A question for the SNPers on here - how do you feel about a whipped SNP vote on the Assisted Dying Bill when other Parties are allowing a free vote on this highly personal issue of conscience?
Is this a good tactic by Ms Sturgeon to annoy her way to victory for SIndy or a step too far that will alienate SNP voters who don't like an issue like this to be a political football?
There must be no dissent. SNP MPs are forbidden to criticise the leader
" One fascinating facet of the Shadow Cabinet split is that Harman apparently has the support of Chris Leslie (tipped to be Shadow Chancellor if Cooper wins) and Rachel Reeves (tipped to be Shadow Chancellor if Burnham wins), despite their favoured candidates showing opposition. The brouhaha may not be solved simply by the election of a new leader.
There are two big Labour speeches this morning. Andy Burnham is delivering a speech on a “New Economy” at Microsoft in Reading, where he will lay out five principles that will guide his management of the economy. He will also argue that while investment in public services did not cause the 2008 crash, and the deficit was not significant by historical standards, Labour should have done more to control spending.
Tristram Hunt, a high-profile Liz Kendall supporter, will make a speech on Labour’s approach to England, ahead of a Commons debate on EVEL later today. In it, he gives his backing to the formation of an English Labour Party - something which Jon Cruddas has let slip is happening, even if it does not have official sign off from Labour HQ."
Comments
Must admit to being genuinely surprised by that decision – or was it to jinx his chances?
Even Andrew Neil was aghast, and challenged him robustly. Utter cynical opportunism, not what the LDs need.
I thought the coalition did remarkably well. The LDs didn't deserve the hammering they took.
Lamb is not the man for that job.
The LDs took one for the nation to clear up the mess you guys created.
You haven't even accepted or apologised yet for the mess you left in the public finances. A mega gaping black hole is what is utterly catastophic and we still haven't filled it.
But still, as you say, a horrendous unforced error from the LibDems. If true - I'm not necessarily convinced it is, but it seems plausible - this is an interesting take on it:
http://johnredwoodsdiary.com/2015/05/12/the-collapse-of-the-lib-dems/
* Lib Dems actually did a lot of good in the coalition, but created an impression that they were weak and being used by the Tories rather than working with them.
Another one: Liz Kendall has allowed herself to be painted as ''red Tory', even 'the enemy within' by going way too far to distance herself from EdM and the other three candidates with her positions and rhetoric.
The huge imbalance in the books had noting to do with the then government ?
Greece is a land of plenty and everyone is rich.
To some extent there's a similar issue with Labour. Yvette is probably the most heavyweight of the candidates and the easiest to see in Number 10, but the others are more natural TV communicators.
I would prefer either of them to any of the Labour candidates or any of the likely Tory contenders.
The "stars" assert that the BBC is an unparalleled creative force for good, that would be greatly diminished if it turned into a market-failure broadcaster, whilst failing to give any examples of why that would be so:
Lord Hall goes on to say that he refuses to allow the BBC to be dominated by commercial interests, or for the government to constrain its creative output, then cites Strictly, Bake Off and Top Gear as examples of what would be lost - all shows for which there is a very strong commercial market which could more than adequately supply such 'creativity':
http://www.telegraph.co.uk/news/bbc/11740010/stars-open-letter-to-david-cameron-over-bbc-reforms.html
I imagine a fair few of those who voted for the winning candidates might say the same thing.
Meanwhile, a nice demolition job of Russia's 'Colin Powell' moment:
https://www.byline.com/column/13/article/171
If they were, then they would have held on better against the Tories in the South and lost against Labour in the North. Instead the Lib Dems to my reckoning lost 27 seats to the Conservatives and just 12 to Labour. Most Lib Dem losses were to the Tories and more than twice as many Lib Dems seats turned blue as red. The loss of tactical voting alone doesn't explain the loss of all these seats to the Tories.
The Tories disbanded the ultras, the Young Tories because they were utterly revolting. Skip a generation and this squalid bunch of thugs are now in power and as repellant as ever.
It is becoming less liberal on freedom of expression, tolerance of dissent from orthodoxy, personal privacy and state monitoring.
There are also some very dark forces at work in the world who entirely reject our way of life - there's no way of knowing how all that will eventually pan out.
Liberalism is needed.
Have met Lamb several times and whilst a reasonable thinker (but it is wide and far-ranging enough) and a steady-as it-goes man, am not sure if that is what is needed for 2020 and the interim.
Farron has plenty of fire, but does he know in which direction he is aiming and is he carrying too many chips?
A meld of the two candidates would have been best, but sadly that was not on offer.
Yes in general the world is getting more liberal or just pragmatic, excepting of course Isis/Isil which is liberal intolerant. Will be see a major intervention to try and shut them down or is their geographic spread just too great now?
Left of Centre voters no longer had an incentive to vote LD in these Tory-LD marginals.
Meanwhile right of centre voters were more able to vote for the new detoxified Tories and actively chose them as the stronger of the two options most likely to keep Labour out.
Cable being the no 1 guilty party.
Who was in charge of regulating the banks ?
Who chose to go on a public sector spending binge paid by borrowing and PFI ?
Who shifted taxation from income and VAT on to a housing binge and fictitious bank profits?
etc. ad nauseam....
So when opponents in the Labour Party call Liz Kendall a Tory what they mean is that she wants Labour to win. And she wants Labour to win in Britain as it actually is — with an electorate who want good schools, a patriotic government, well funded armed forces and welfare focused on those most in need. Labour has lost twice by ignoring the views of the voters.
http://blogs.spectator.co.uk/coffeehouse/2015/07/labour-has-lost-its-senses-if-it-thinks-liz-kendall-is-a-tory/
If I had a vote I would have gone for Lamb too. The Lib Dems had their first role in power for the best part of 100 years and Farron chose to opt out and not have to make the hard decisions. If the Lib Dems are going to opt out what is their point? A liberal voice is needed but so are liberal policies. Thank goodness for Osborne and his Liberal Democrat budget.
With 8 MPs and a recent history where the party is seen as Tory light that's brave.
Much better to take the proven 90's/00's approach to work together on the left and win MPs where you are strong.
In what was going to be a close election every other party made clear where they stood on the result (eg pro-austerity or against etc) the Lib Dems did not. Nobody can state what a vote for the Lib Dems was a vote for. They were prepared to work with anyone and not be against anyone.
In previous elections to Labour leaners a vote for the Lib Dems was a vote against the Tories, for Tory leaners a vote for the Lib Dems was a vote against Labour.
In this election to Labour leaners a vote for the Lib Dems could let in the Tories; for Tory leaners a vote for the Lib Dems could let in Labour [and the SNP].
A vote for the Lib Dems was barely one step above not turning up to vote at all. It was a vote to let other people decide the election result. If you're going to vote, you may as well decide the result yourself. Had the Lib Dems stood firm on one side of the road or other they could have kept half their seats, instead they stood in the middle of the road and got ran over by an on-coming truck as a result.
Labour should also be blamed for breathtakingly incompetent and complacent financial regulation which helped cause the "global financial crisis". That phrase is Labour spin. It was global in its effects, but the countries where financial regulation was laxest and which caused said crisis were remarkably few: off the top of my head, the US, the UK, Ireland and Spain. Maybe a few others. Canada, for instance, had its financial crisis in the early 1990s, and so was much better regulated than we or the Americans. So when the crisis hit, it experienced the indirect effects, but not the direct ones.
Labour's only defence is that the Conservatives would have done as badly on financial regulation, but counterfactual defences are always weak. The fact that Labour would have joined the ERM as well did nothing to protect the Conservatives from being blamed for 1992.
What number Lonsdale Road was pbCOM created in? House there are now going for almost 1.5mill.
What I would say is this: I think if Labour had it all to do again, they'd have made it more of a priority to achieve a budget surplus.
But, they didn't know there was a financial crisis coming. Apart from a few heterodox economists and maverick commentators, no-one did.
We were supposedly in a Great Moderation. Markets were efficient. Expectations were rational.
Of course, that wasn't actually the case. That's not Labour's fault.
It is the second gas price reduction in six months by the firm, and it says the two price cuts together will lead to an average total saving of £72.
The latest price cut takes effect from 27 August.
http://www.bbc.co.uk/news/business-33534391
The existential crisis for the Lib Dems this year is that they didn't just lose their old seats, they also lost their second places. In the South West the Lib Dems went from either first or second to being third at best in general. Strategy of "building where you are strong" doesn't work if you're not strong.
Think Hattie might lead on the cost of living crisis?
Powerfully argued here:
http://www.huffingtonpost.co.uk/mark-gettleson/tim-farron-gay-marriage_b_7799256.html
There were plenty of signs that Labour's economic regulation was not working - so why were they unprepared..
Prior to the UK's recession of 1990 the Tories were running a budget surplus of £4.2 in 1989 and a budget surplus of £3.9 in 1988. This meant that sensible pro-cyclical deficits could be ran (and were being shrank) after the 1990 recession.
Now just imagine what a different position we'd be in if Gordon Brown had been running a surplus in 2006 and 2007.
As for an "end to boom and bust" that was Brown's own bulls**t. If he fell for his own bulls**t he's still responsible for it. All economists know there is an economic cycle and would have expected a recession to happen eventually (even if the direct cause or date of it isn't know). To expect no future recessions is as moronic as expecting no future rain.
As for the Conservatives, they were fixing the roof. You can't switch a deficit to a surplus in just a year or two, it takes time to turn it round, as we are currently seeing. After the early 1980s recession, we reduced the deficit every year until we hit surplus by the late 80s. After the early 1990s recession, we reduced the deficit every year to set us on a path for surplus by the early 2000s. After the early 2000s slowdown, Labour didn't attempt anything of the sort.
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2013/3/20/1363802502484/Deficits-by-chancellor-001.jpg
Let's see they're regualting what was then the world's largest financial centre and hadn't a clue about the downsides ?
Incompetence - great defence.
According to the Ministry of Defence, the total cost of UK military operations in Iraq from 2003 to 2009 was £8.4bn. [1]
As of 2013, summations for the UK war in Afghanistan came to £37bn ($56.46 billion) .[2]
[1] http://www.ft.com/cms/s/0/c3e50026-8e99-11de-87d0-00144feabdc0.html#axzz38WKKDSu8
[2] http://www.theguardian.com/world/2013/may/30/afghanistan-war-cost-britain-37bn-book
What does that lot have to do with massive expansion of the welfare state so that 90% of people got cashback from Gordo ?
The voters have judged Labour as having major competence issues in 2010 and 2015. Now who should be the new Leader best able to move on from that?
A male denier? A female denier? A male who has some regrets? A female that says that labour spent too much? Personally I hope you pick a denier.
On topic, whoever the LDs choose has a big job to win back seats in 2020. They also did the right thing with a shorter campaign, we have another two months of the LAB campaign to go as they argue with each other rather than opposing the government - not that the government are complaining of course, they are enjoying the baiting of the SNP far too much!
Kendall is the only one who would stall a LD recovery, there is already a degree of buyers remorse in 2015 new Con voters.
All the same, a lay of Farron at 1.04 looks worth a speculative punt, just in case there's a surprise.
Farron and Lamb are very different characters with very different styles, I’ve no doubt both are more than capable of leading the LDs and holding their party together. – However, the trouble I see for the LDs between now and 2020, is the same old problem of being ignored by national media while the two main parties battle it out in Westminster. - Admittedly it is not their only problem, but if raising issues and being heard counts for anything, then I think Farron is the stronger candidate of the two.
Something close to my heart and were I a LibDem member I too would have voted for him.
If that's the case, why is Farron, who could not get himself to vote in favour of gay marriage on the ballot paper?
Some interesting pieces within the bulletin:
a) 12,000 Strike Days lost in month - 10,000 were public sector, 2,000 private sector. Five times as much industrial action and with only a fifth as many workers;
b) Slight decline in job vacancies driven by small employers (1-9 employees);
c) Most of the rise in unemployment is public sector lay-offs;
d) As the number of lone parent claimants falls, the number of females too unwell to work rises;
e) Employment Rates.
UK Overall 73.3%
84.1% EU8 - Poland, Latvia, Lithuania etc
79.0% EU27
76.7% EU2 - Romania and Bulgaria
74.0% UK Born
70.6% India
66.8% African (excl South Africa)
53.0% Pakistani/Bangladeshi
Q: Which party since 1970 first linked the work of the UK Govt with the causes of the UK economic cycle?
A: Labour, when Gordon said they had abolished boom and bust.
Q: Which party since 1970 first stated that the work of the UK Govt did effect the the World economic cycle?
Brown did when he boasted that his work was "saving the world".
I think Osborne has taken a risk. His colours are nailed firmly to the sound money mast. What will be their pitch in 2020 if we have had another recession and the roof is still not fixed?
Is this a good tactic by Ms Sturgeon to annoy her way to victory for SIndy or a step too far that will alienate SNP voters who don't like an issue like this to be a political football?
" One fascinating facet of the Shadow Cabinet split is that Harman apparently has the support of Chris Leslie (tipped to be Shadow Chancellor if Cooper wins) and Rachel Reeves (tipped to be Shadow Chancellor if Burnham wins), despite their favoured candidates showing opposition. The brouhaha may not be solved simply by the election of a new leader.
There are two big Labour speeches this morning. Andy Burnham is delivering a speech on a “New Economy” at Microsoft in Reading, where he will lay out five principles that will guide his management of the economy. He will also argue that while investment in public services did not cause the 2008 crash, and the deficit was not significant by historical standards, Labour should have done more to control spending.
Tristram Hunt, a high-profile Liz Kendall supporter, will make a speech on Labour’s approach to England, ahead of a Commons debate on EVEL later today. In it, he gives his backing to the formation of an English Labour Party - something which Jon Cruddas has let slip is happening, even if it does not have official sign off from Labour HQ."