Tag Archives: giles wlkes

Opinion: Nick Clegg’s fiscal target – splitting the difference

Calculating Taxes Up And DownStephen Tall writes that “in terms of policies, there wasn’t much that was new” in Nick Clegg’s Bloomberg speech. Giles Wilkes and others have suggested that, on the contrary, Nick’s fiscal targets are a welcome change from the excessive deficit reduction the Coalition has pencilled in for the next parliament.

These commentators think that Nick’s deficit target (below) is a continuation of Labour and current Coalition policy – to balance the budget excluding capital spending. My understanding, however, is that what Nick said …

Posted in Op-eds | Also tagged , , and | 17 Comments
Advert

Recent Comments

  • Nigel Jones
    Yes we need to think through and articulate our Lib dem approach to economics and the way we order society. I see the occasional attempt at this on LDV but out ...
  • Peter Davies
    The broken part is not the provision of water (a commodity and natural monopoly supplied to households) but the disposal of sewage and rain water run-off (a ser...
  • Cassie
    'Knee jerk adoption.. (be it mutuals instead of corporates) does not address the fundamental strategic problems'. Indeed. Dŵr Cymru Welsh Water is not-for-pro...
  • Peter Chambers
    I would like to agree that the "It" is the Royal Navy. But I cannot. The necessary "It" is Social Democracy. The National Preparedness Commission said in the...
  • Rif Winfield
    Whatever the multiple roles which the Navy must undertake (and here I fully agree with you, Edward), what is essential is the quantity of vessels. However effec...