This week was the week of the Comprehensive Spending Review. Perhaps more importantly for the Coalition’s self-confidence was the erasure from the economic records of the double-dip recession. Nick’s letter this week is bullish about the Lib Dems’ record on the economy: “Creating jobs. Stopping the build up of Labour’s unsustainable debts. Getting the economy back on track”. It is also savage of Labour’s record, not just in government but their last three years in opposition, too: “They don’t have a credible economic plan and it’s no wonder people don’t trust them with their money.”
Combine this with Danny Alexander’s assault on Labour’s pensions policy and David Laws’ publication of that infamous hand-written note by Liam “there’s no money” Byrne, and it’s clear the party is upping the ante in taking the fight to Labour (ironically as Labour continues moving its position closer to the Lib Dems’).
Here’s Nick’s letter in full…

Money, jobs and investment dominated the agenda this week. On Wednesday, the chancellor set out details of the Spending Round: the last set of savings we will have to announce in this Parliament. On Thursday, Danny Alexander followed up by announcing massive new investment in our roads, rail, housing and infrastructure.