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

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  • User AvatarManfarang 26th Sep - 4:19am
    Dave Orbison Did you ever go on one of those demos where they chanted," Enoch we want you-dead"? We all die as you will one...
  • User AvatarDavid Evans 26th Sep - 1:20am
    It was a good day yesterday. Delivering in Witney in the late afternoon/early evening was in fact a pleasure. We need everyone who can manage...
  • User AvatarDavid Evans 26th Sep - 1:00am
    Jack, I simply believe that the purpose of education is to enable each and every individual to achieve their full potential, not just to provide...
  • User AvatarDavid Pocock 26th Sep - 12:53am
    I was there! My first time doing anything like this too. Was a good experience I am happy to report thanks to the veterans who...
  • User AvatarPeter Watson 26th Sep - 12:16am
    @Mick Taylor "And Dave Orbison, insulter par excellence complains about that sort of behaviour!" I don't recall Dave Orbison insulting people on LDV (though he...
  • User AvatarDave Orbison 25th Sep - 11:17pm
    @Mick Taylor - what specific economic policy that has actually been articulated by Corbyn is lunatic? What specific civil rights issue has Corbyn articulated that...