On balance, though, Labour isn’t in a fantastic position to criticise the Tories’ lack of financial acumen—I suspect this is somewhat academic, mind; I’m not sure many people really trust either party to not throw tax (and related) revenues into a black hole.

We will lay waste to the UK economy by spending money we don’t have so that as MPs we can stay in office for as long as possible to get all those expenses claims put through before being kicked out of office.

Then when someone else has to clear up the mess, we can say its the nasty Tories.

If they are sensible, they introduce a Brown tax, hypothecated to paying off the debt run up by Labour. Then everyone gets to see clearly how much of their tax is going to paying the legacy of Brown and Blair.

Notice when you post, its that the government must do something. Pure spin. Why don’t you just say the truth, that you want to force the taxpayers to take on all the risk?

Nick