Even Cable can’t defend the Lib Dems’ misleading poster

This poster by the LibDems is perhaps the most dishonest one of the campaign so far – and Vince Cable has pretty well admitted it to Jon Sopel on the Politics Show. Here’s the exchange.

Jon Sopel:  I mean let’s leave aside whether or whether not there is a black hole in the Tory’s finances. Leave that to one side. You don’t know factually, that they are going to raise VAT. That is your conjecture. St Vince Cable: It is a conjecture and it’s a reasonable assumption and I wouldn’t claim anymore than that. JS: And that £389 is a rough figure plucked… VC: “It’s a ball park estimate of what it would require in order to fill that gap, and it seems a reasonable way of expressing that argument.” JS: Would you rule out raising VAT? VC: No, I don’t. It’s something – JS: So therefore your position is no different to them.