I’m often quite critical of the Labour Party, but Ed Miliband ‘forgetting’ to mention the deficit in his conference speech earlier this week, isn’t something I’d have a go at him about. As Chris Dillow rather succinctly put yesterday, the deficit just doesn’t really matter that much, and the point at which it might matter is so far away from where we are now, it’s really not worth spending any time worrying about.
Nick Clegg though disagrees. He thinks Ed Miliband not mentioning the deficit in his speech was a really bid deal, and said as much in what I’m going to call a torrent of gibberish. The Guardian quotes him as saying:
“For Ed Miliband or the Labour party to claim that a budget of £110bn annually will be solved magically by spending £2.5bn extra, it will not.
If you do not know how to pay things for in the first place you cannot support the public services.”
Clegg seems to think Labour’s announcement of a small increase in NHS spending was their solution to the budget deficit (whatever solution means in Clegg’s world). Either that or he thinks we’re all idiots. The second sentence just exposes Clegg’s ignorance. He believes government has to collect tax before it has any money to spend rather than the other way round which would be more accurate.
With someone like Ed Balls, you get the feeling that he knows better, but pretends otherwise because he thinks that’s what people want to hear. With Clegg, I think he genuinely believes the rubbish he comes out with. It’s a little embarrassing sometimes.