Twenty years ago, Margaret Thatcher made a speech to the Conservative Party Conference and said that the LibDems were like a dead parrot. They had ceased to be. They have met their maker. Well, she may have been slightly ahead of her time.
Today, we learn that LibDem support has collapsed. Only 54% of their 2010 voters intend to vote for them next time. 51% of LibDem voters want a Labour government next time. These figures come from a poll and research carried out by Lord Ashcroft, which have been published in today's Sunday Telegraph. Three thousand people were surveyed and eight focus groups were held.
I have long wondered what strategy the LibDems could adopt to get themselves out of this mess. I guess Nick Clegg is playing a long game and is trusting the public to give the LibDems the credit in 2015 for the success of the coalition. If indeed it does turn out to be a success. And it's a big 'if'. I hadn't expected the LibDems to crumble or split so quickly, I must admit.
It seems that the LibDems may soon be struggling for their very existence. And it may well be David Cameron who comes to their rescue and offers some sort of electoral pact. I genuinely think that is now a very real prospect, and for many Tories it will happen over their dead bodies. Meanwhile, the Labour Party is sitting back and lapping it up. Ed Miliband is criticised as a "do nothing" leader. But you have to say, if others are digging a hole quickly, what's the point of picking up another shovel to help them?
Download Lord Ashcroft's report HERE and read the Telegraph story HERE.