The Tory MP for Clacton, Douglas Carswell, tells us that there is no austerity and, of course he's right inasmuch as there is no austerity for him and his rich Tory pals. He's also right to point out that David Cameron and George Osborne, who have managed to increase the deficit by 20%, are depressingly stupid and incompetent. He proposes, therefore, to replace a stupid policy with the insane one favoured by wealthy parasites such as Francis Maude and Lord Ashcroft. Pauperise the plebs and insulate the useless rich and everything will automatically and miraculously get better. Ed Balls, who recognises the Tory policy for the self-defeating lifeboat mentality that it is, will have none of that. Rather, he tells us, what we need is real austerity not the ersatz variety that the Tories love so much. So, when Labour wins the next election, he will conduct a root and branch review of public spending and make sure that every penny is spent wisely. Oh goody! So does that means that Trident won't be replaced by an even more deadly and expensive weapon system, that rich will people will pay taxes, that bankers will pay for their own mistakes, that MP's will have to buy their own crisps, chocolate bars and £2 million mansions, that the Royal Family will have to rely on their own money and that India won't be receiving millions in aid to support their space programme? I don't know about you, but I'm not holding my breath.
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