What’s the Tories’ economic plan?

With a protracted recession on the cards, and with the Tories storming into larger and larger poll leads, one question is increasingly important: what would a Tory government do to fix the economy?  So far, their grand plan has been to “share the proceeds of growth”.  It’s always been a nebulous concept, but now  – as Iain Martin points out in an excellent post over at Three Line Whip – it’s probably also a redundant one.  After all, when there’s no growth, there’s nothing to share.

So what’s the Tory Plan B?  Whilst it doesn’t offer any direct answers, George Osborne’s interview in today’s Telegraph does hint that they’re starting to think differently.  Here’s the relevant passage:

“Mr Osborne uses the interview to disclose that he is pushing ahead with plans to offer new tax breaks to married couples – an ‘early priority’ for a future Tory government. He is also working on a new ‘fiscal framework’ that will govern how much he can borrow, tax and spend.