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LIBERAL DEMOCRATS’ MANIFESTO RADICAL YET BALANCED

November 29, 2019 12:27 PM

Take a look at the Institute for Fiscal Studies Director Paul Johnson's comments on the three manifestos at

https://www.ifs.org.uk/election/2019/manifestos

He is highly critical of both the Conservative and Labour manifestos. Some telling excerpts:

"The implication of the Conservative manifesto is that they believe most aspects of public policy are just fine as they are. Little in the way of changes to tax, spending, welfare or anything else. Yes, there are some spending increases for health and education already promised, but essentially nothing new in the manifesto.

Labour, by contrast, want to change everything. Their vision is of a state with a far greater role than anything we have seen for more than 40 years. They would tax and spend more than ever before.................

In the face of such vast ambition from Labour, one should not forget that the Liberal Democrat manifesto is itself a radical document that would involve a decisive move away from the policies of the past decade."

and

"The Liberal Democrats' plans would seem to involve somewhat lower levels of borrowing than implied by either Labour or Conservative manifestos, and they would appear to be the only one of these three parties which would put debt on a decisively downward path."

Putting all these together, under the Conservatives there is no end to austerity and Labour's funding commitments are wildly extravagant and totally irresponsible. But the Liberal Democrats' plans are sensible and honest, yet radical.