The Coalition believed that it was winning the argument on deficit reduction, but fears it is in danger of losing the argument on growth.
That is the principal reason for the prime minister's speech today and his insistence that there is no choice between austerity (bad and found wanting) and growth (new and potent). So, David Cameron claims that deficit reduction and growth are NOT alternatives: indeed, he argues, delivering the first is vital to securing the second.
THERE are lots of reasons to worry about the coalition's relaunch of its big plan to reform the National Health Service, backed today by a speech from the prime minister, David Cameron in which he offered voters his personal guarant... Read Post
Nick Clegg's speech on the economy today marks a shift for the government. It's the first time a senior minister has responded to the fact that the government is off-track in terms of its deficit reduction plan. Clegg is warning min... Read Post
What a curious speech by Nick Clegg to the CBI last night. Curious, not because it was bad — but because, in straining to give a uniquely "liberal" justification for deficit reduction and the spending cuts, the Deputy Prime Minister... Read Post