This morning, in a speech in Birmingham, David Cameron will give voice to concerns over the levels of taxation, which will resonate around the country. But more important than that, for the first time he will signal that he believes goverment spending and borrowing are out of control. He will say...
"We have reached the acceptable limits of taxation and borrowing. With the rising cost of living, taxpayers can't take any more pain, and the economy can't take any more pain without losing jobs to lower tax competitors ... We need to start living within our means."
He talks about "good housekeeping" and Britain needing a government which is "careful, not casual with public money". He doesn't actually abandon George Osborne's pledge to match Labour spending for two years, but he might just as well have done. He describes a decade of "reckless" spending, waste and inefficiency.
It will be interesting to see the reaction to this speech as I think it signals the start of a major shift of emphasis to an agenda concentrating on the cost of living and the size of the State.
One thing I do wish politicians of all parties would stop are tjese constant references to 'hard working families'. I'm as much in favour of families as anyone, but isn't it about time someone also recognised that there are lots of hardworking single people too - and they are getting a bit fed up.