[There are] no cost-free, risk-free ways of finding such huge sums of money [for investment]. Not at a time when Labour left the cupboard bare and we still have the second highest deficit in Europe, behind only Greece.
That’s Conservative party rhetoric, but it’s straight from the mouth of Nick Clegg. He gives off the appearance of still being wholly under the austerity delusion. So the job of tugging government in the right direction is left to the lower Liberals like Cable. But insofar as Clegg and Danny Alexander speak and act as if they swapped seats in Parliament, what’s the point right now in seeing this as a fruitful coalition built on conflict? On fiscal policy, the unity is clear and complete.