Tuesday, June 22, 2010

Mr. 3%

What price power?

Well, it seems for the Lib-Dems it's 3%:
Before the election, the Tories promised that 80% of the work of cutting the deficit would come from cutting spending and 20% from raising taxes.

In fact, the chancellor has announced that the figures are 77% to 23%.

That 3% is the impact of the coalition.
According to Nick Robinson It's possibly debatable, but the Yellow Tories will surely argue that for all they are worth. Indeed (I won't look for it) but Luke Akehurst pointed out that Lib-Dem pre-election plans involved 0% tax rises to deal with the deficit.

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