Caroline Lucas: The moment to stop borrowing is when we can no longer afford to pay it back—[Laughter.]
That is what she said
What an absolute pratt Caroline Lucas made of herself last night in the HoC
To be fair, borrowing to the maximum theoretical capacity is a viable, albeit risky, strategy.
But Lucas seems to think that as the cost of repaying borrowing rises that money can be eternally found by borrowing more, more on top of the inability to fund what you are already spending. She will not accept that the extra cost of repaying the extra borrowing would need to come from the expenditure she seeks to spend.
Not much money has been placed on Betfair Exchange's Canadian election page, but those punters that have seemed convinced the Liberals will win most seats:
It's brave. The Liberals start from a very poor third place and need over a hundred gains.
Election preduction project (which does bottom-up riding forecasts) puts the Tories and Liberals tied on "in the bag" seats, with an awful lot of toss ups:
Today's CBC projection has the Liberals ahead on 140 seats to the Tories 110
Yes, I know it does - but that supports my case: it's much closer than the betting markets suggest. Several predictions this week have shown the Tories ahead on seats.
I know you're hoping Harper will lose, but I'm looking for value.
Good luck to you but I expect Trudeau to be PM of Canada by Tuesday
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