Tuesday, December 1, 2009

The economic geniuses in the Lib Dems strike again

Apparently the Liberal Democrats have a policy handbook which states they are

“...the only party who would use Gordon Brown’s wasted billions to create thousands of jobs today by investing in homes, hospitals, schools and public transport...”

How can you use money that’s been wasted? Surely if it’s been wasted then it’s not and never will be available to use again?

I am increasingly convinced that Vince Cable understands public finance about as well as Gordon Brown ever has...