I love Vince. Truly the very definition of a loose cannon.
He's right, things are in a parlours state. The pertinent questions, however, are:
1. Would things be any better under Labour's plan?
- hard to say, seeing as nobody, least of all Labour, seems to know what that plan is.
2. Would things be any better had Labour not spent the good times urinating tax revenues up the wall instead of shoring up the national finances and ensuring we were prepared for a rainy day?
- almost certainly, though as Gordo seems to have really believed he had personally put an end to the economic cycle, it's not very surprising that he didn't.