Vince Cable has been hugely successful in building up a media narrative as the only politician who 'gives it to us straight'. He tells it like it is, apparently.
Today’s Daily Mail editorial praised Vince Cable for being bold on public spending. In particular, it states that ‘he even has the courage to question Labour's aim to put 50 per cent of young people in higher education, saying it's “almost certainly not affordable”’. That might be right, but the LibDem position is that savings achieved in reducing the numbers at university will be used to fund another LibDem policy, endorsed last month at their recent Spring conference, of scrapping tuition fees. In fact, far from being ‘bold’ on public spending in the areas of higher and further education, the Lib Dems have a host of spending commitments which can be found HERE.
I think it would be fair to say that these commitments are ‘almost certainly not affordable’. And if scrapping the 50 per cent target is to be used to reduce borrowing (as Vince Cable implied) how will these commitments be funded? I do hope Vince Cable will give it to us straight.