With the government recording a much better than expected borrowing figures, you would think this would be a joyful occassion. After all, the figures were £1 billion better than city expectations; here is the response from the Labour party:
’today’s public finance figures show that with four months gone the risk remains that George Osborne will miss his deficit targets for the year.’ – Kerry McCarthy
Er…how? So far, the borrowing figures have been in line with forecasts. Surely todays news implies the government is not going too fast, too soon. In fact, according to Labour’s statement, the government are going too slow – if the opposition thinks the Chancellor will miss deficit targets. Kerry McCarthy fails to point out the government has recorded a surplus for the month of July, as well. Seriously, are the opposition this sectarian that everything must be opposed and spun?
And in other news, remember Ed Miliband proclaimed the Prime Minister was in denial about the cause of riots and out of touch? Well, a latest poll points out the public agreeing with the Prime Minister in a tough response.