
Labour to launch a deficit clock for Tory conference
Things have come to a pretty pass when the Labour Party is launching a campaign with a deficit clock to expose George Osborne’s shortcomings. But they are about to do today, I understand, highlighting how much extra the government is borrowing over the four days of the Tory conference compared to last year: £277 million, they say. I’ll post the link when it becomes live. Significantly, Labour is shifting from being in a position of deficit denial towards a position where they will (I suspect) sign up to Osborne’s spending plans. As Balls has found out, Osborne’s game is to dress up only-slightly-modified Labour spending plans with Tory language. But
