Summary
THERE'S precious little succour available to Labour MPs in these dark times; but some of them, oddly, are drawing comfort from the dreadful fiscal state the country will be in by the time of the next election. They assume that the Tories will win, but that the size of the deficit will make victory a poisoned chalice because the new government will have to inflict spending cuts so massive that the electorate will sling them out at the first possible opportunity. Labour will then return to power for another glor-ious few decades.
The Tories are worried, too. They know they will be taking over the biggest deficit this country has ever seen. They fear that years of Labour government have persuaded the electorate that it is right that the public sector should eat up nearly half of the country's output. They suspect that the moment they start to try to impose some fiscal discipline on public services they will regain the aura of nastiness they have spent so long shaking off. And out they will go again, deprived once more of what a Tory frontbencher recently described to me as the "heroin" of being in office.See the full content of this document
Extract
Here's How to Cut Spending and Win Votes
Yet it does not have to be this way. If the Tories play it right, the opposite could happen -- or so a recen...
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