Clegg stands up for deficit reduction
Cleggologists will mark down the Deputy PM’s speech today as a typical effort. There was basically nothing in it that was new – but Clegg still put it across with more punch, and more persuasively, than most of his colleagues could manage. All of the slogans and pre-announced policies added up to something that sounded, fleetingly, like a plan for growth. Although we’ll still have to wait for Vince Cable’s review to see the outlines of that plan shaded in. Clegg’s main point was straightforward enough: that the government has to, and will, go beyond deficit reduction to stoke the embers of the British economy. He then ranged across everything
