Peter Hoskin

Labour may be doing alright, but Miliband is still dodgy on the public finances

Ed Miliband’s leadership may be young, but his trickery on the public finances is already well worn. We got it all in his interview with Andrew Marr earlier – and then some. There was the claim that Labour “paid down the debt” (that I dealt with here). There was the claim that Labour’s spending was responsible (my response here). And there was a straight-up lie about Miliband’s forecast for a double-dip. So far, so Brown.

What caught my ear, though, was this exchange:

Andrew Marr: I mean Tony Blair said in his memoir that by 2005, he was worried that the party was spending too much. And Alistair Darling said actually it was about 2007, he was worried that the party had been spending too much – before the crash happened. And all I’m asking you is to acknowledge that actually, you know in Keynesian terms, in that period, during the upswing when you should have been paying money back, by the end you were spending too much.

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