Tag Archives: fiscal multiplier

Stephen Tall

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

By Stephen Tall | Fri 25th January 2013 - 8:40 am

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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Recent Comments

  • Peter Chambers
    I quite agree with Caron. My son obtained a Statement for special educational needs. He was put on a queue, but never had quite enough points to be given a slot...
  • Jana
    Speaking from my personal experience (Scotland), I think we need to be saying something about reforming the way the Children’s Panel system currently operates...
  • Jans
    Speaking from my personal experience (Scotland), I think we need to be saying something about reforming the way the Children’s Panel system currently operates...
  • Mick Taylor
    @Rose Runwick. I voted against merger and I still believe that the 6 years wasting our time dealing with the SDP stopped dead the expansion of the Liberal Party...
  • Rose Runswick
    Thanks for this Caron, and you are right, I hear so much about my generation not getting our hands dirty, but I know many people who run as many as three jobs j...