Despite all the Tory bluster, as Mike has pointed out Labour’s spending plans are properly costed and have the support of 163 leading economists. They have sent a letter to the Independent stating their support, saying
It seems clear to us that the Labour party has not only understood the deep problems we face, but has devised serious proposals for dealing with them.
We believe it deserves to form the next government.
The Tories, however, have always claimed that they are the party of proper fiscal responsibility, who truly understand economics. In contrast to profligate, spendthrift Labour, they can be trusted with wise, frugal expenditure.
So how do their manifesto pledges stand up?
Not well. According to an article in Tuesday’s I, they’ve got a black hole to the tune of £ 70 bn in theirs.
The article by Hugo Gye…
View original post 392 more words