• Business community is ‘nauseating’. ‘I just find it utterly nauseating all these chairmen and chief executives of FTSE companies being paid 100 times the pay of their average employees lecturing us on how we should run the country. I find it barefaced cheek.’ (Vince Cable in The Guardian, 10 April 2010)
• Opposing jobs tax is ‘school boy economics’. ‘This is school boy economics. When you have a £70 billion permanent hole in the Government’s finances you simply can’t propose cutting tax revenue unless you spell out exactly how you are going to pay for it.’ (Vince Cable)
• Opposing jobs tax is ‘voodoo economics’ and a ‘con’. ‘Now they [Conservatives] say they’re going to stop the increase in national insurance which of course everyone would like to do but they won’t tell you how they’re going to pay for it. This is voodoo economics it’s just funny money it’s trying to con people into thinking you can have something for nothing. It’s not serious, it won’t work… (Nick Clegg, ITN News on YouTube, 1 April 2010)
And yet, guess what? Today, in their manifesto the LibDems say they would reverse Labour’s jobs tax.
‘…the increase in National Insurance Contributions is a damaging tax on jobs and an unfair tax on employees, so when resources allow we would seek to reverse it.’ (Liberal Democrat Manifesto 2010, April 2010, pg. 97)
Talk about having your cake and eating it! I do hope Saint Vince and Young Nick will be quizzed on this latest example of blatant hypocrisy!