Tag Archives: fiscal multiplier

5 points on Clegg’s admission that Coalition was wrong to cut capital spending

Nick Clegg in DublinNick Clegg has sparked a flurry of excitement with his admission in an interview for The House magazine that the Coalition cut capital spending ‘too far, too fast’ to coin a phrase. Here’s what he said to Paul Waugh and Sam Macrory:

“If I’m going to be sort of self-critical, there was this reduction in capital spending when we came into the Coalition Government. I think we comforted ourselves at the time that it was actually no more than what Alistair Darling spelt out

Posted in News | Also tagged , , , , , , , and | 45 Comments
Advert



Recent Comments

  • User AvatarClootie 29th Jul - 12:07am
    "Good sound bites without much substance" I think you will have a touch of déjà vu
  • User AvatarJoe Otten 28th Jul - 11:44pm
    There is an issue that mental health was typically funded by block grant as other areas were moving to per patient, and that mental health...
  • User AvatarJohn Dunn 28th Jul - 11:44pm
    I can fully respect someone for reviewing their party affiliation based on an appraisal of policy. You say : "I have always believed that we...
  • User AvatarAlex H 28th Jul - 11:40pm
    Welcome Jakob! I'm glad you took your time in weighing up your views and beliefs before leaving UKIP and in joining the Lib Dems, and...
  • User AvatarTed Logan 28th Jul - 11:26pm
    Welcome to the Liberal Democrats, Jakob. You are absolutely right that our party is a broad church, and we are very welcoming of all views...
  • User AvatarRichard Underhill 28th Jul - 11:19pm
    Peter, Good to hear from you. The point is that this man was in charge of the rules for conduct and behaviour. Their Lordships know...