Once again, it was Lib Dem shadow chancellor Vince Cable who asked the hard questions of Alastair Darling today, as Labour’s Chancellor attempted to put right his boss’s blunder in penalising 5.3 million of the nation’s poorest by doubling their tax rate.
Vince’s Commons’ response is reprinted from the Hansard transcript below. Particularly telling, however, was Mr Darling’s answer to Vince’s first question, asking exactly how many of the 5.3m victims of the Prime Minister’s decision will be compensated:
I said in my statement that 4.2 million households will receive as much as, or more than, they originally lost. The remaining 1.1 million householders will have their loss at least halved. In addition, those people might be benefiting from tax credits and other measures. I set out to try to offset the average loss; I think that that is what the majority of people in the House wanted us to do.
Labour MPs appear relieved that this ‘prudent’ Prime Minister is borrowing £2.7 billion to get the Government out of a tight hole. But how they can be pleased with a measure which leaves over one million of the poorest worse off is beyond me. If these had been Lib Dem or Tory proposals you can guarantee Labour supporters would have been roundly condemning them – and quite right, too. The gullibility of Labour MPs is almost as bad as their leader’s profiligate incompetence.
Anyway, here are Vince’s words of wisdom:


