Friday, 19 April 2013

Is Labour about to make a big error?

This morning's Indy has a report saying that Labour are going to go into the next election promising higher spending than the Tories.

They may be able to make the case but it's a difficult one for most people to understand. The Tories claim that you can't borrow yourself out of a debt crisis and it is a simple message that most people understand (even though its not always true).

I think, given the economic climate, that it would be a bad mistake. Most people think Labour spent too much before the last election, and have lost some economic credibility. To not try to regain that credibility is an error.

It is looking like they might make the 1992 election mistake again, when they promised higher taxes against the backdrop of recession.

Could this be the moment the polls turn?

Squiffy.


- Posted using BlogPress from my iPhone

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