"Recent polling suggests voters are squeamish about the prospect of cuts to government spending even if they are also worried about the scale of public debt."
Potentially a huge problem and something that gives politicians free reign to take people for fools, because people/the public are being fools.
"The measure to exempt first time buyers from stamp duty on properties priced below 250,000 in the next two years was well trailed.
In other words, this would be a tax cut for some - though the policy was first suggested by the Conservatives in 2007.
But what had not been trailed before the Chancellor's speech was that, to pay for this, stamp duty would rise on properties worth a million pounds or more.
This appears to be at least as much a political as an economic decision, designed to portray Labour as a party that can deliver 'fairness' even when the purse strings are being tightened.
If the Tories were to reverse this, they would of course be denounced as party favouring the privileged rather than the wider population. "
Rather than just party positioning I think this is proper ideology, but one that the party leadership have been scared of getting into. I personally support it and the principle behind it.
But it's ok, because when times are tough Cameron and Clegg have some handy sound bite to get themselves on the news. The pair of them are pathetic and make Gordy look a million dollars