Today's Independent says the following about one party's clear, costed plans to reduce the budget deficit as quickly as possible:
'It is ironic that financial markets seem jittery over the fiscal consequences of a hung parliament because the Liberal Democrats, who could hold the balance of power in such circumstances, actually have the most detailed deficit reduction plans of all three main parties.
'The party's Treasury spokesman, Vince Cable, has proposed scrapping Trident, a civil service pay freeze, abolishing regional development agencies and reducing tax credits for wealthier families – cuts considerably more extensive than anything Alistair Darling or George Osborne have yet dared to present to the public. The Liberal Democrats have even stepped back from one of their most cherished and popular policies – scrapping university tuition fees – in deference to the bleakness of the fiscal outlook.'
The article goes on to note that the traditional view of the LDs as a party of high spenders is just plain wrong. I cam across this the other day and it some convincing on my part to assure people that we aren't.