Re: Be -seen-here, wrong again alas!
Posted: Sun Apr 26, 2009 7:07 am
The chronology of these quotes is important. That is what you are missing and therefore do not get the point I am making.
Ken Clarke was in favour of the VAT cuts in Nov. 2008 which is when the cuts were made by Labour.
The Tories had been banging on for years about Labour party overspend and waste of money so Clarke could not in November 08 say he did not know about this overspend. He still thought the VAT cut was a good idea based on what all parties knew about the economy. The third quarter figures were not as catastrophic as the fourth qtr 2008 and first qtr 2009 figures proved to be i.e. the collapse in the economy and therefore increase in the borrowing requirement has since spiralled. At this point the banking crisis had not yet hammered the general business sector as it has done now with a savage drop in output. The last quarter figures were not available in November.
IN JANUARY 2009, Clarke became a Shadow Cabinet Minister and since then has been trying to backtrack on what he said because obviously it makes the Tory Shadow Cabinet look a complete load of tossers if they disagree so fundamentally on the above policy.
It is also worth pointing out that Clarke has more experience than pretty much the whole of the Shadow Cabinet put together, which is probably why he agreed with the Labour plan in the first place.
Hope this helps your understanding
have a nice day.
Ken Clarke was in favour of the VAT cuts in Nov. 2008 which is when the cuts were made by Labour.
The Tories had been banging on for years about Labour party overspend and waste of money so Clarke could not in November 08 say he did not know about this overspend. He still thought the VAT cut was a good idea based on what all parties knew about the economy. The third quarter figures were not as catastrophic as the fourth qtr 2008 and first qtr 2009 figures proved to be i.e. the collapse in the economy and therefore increase in the borrowing requirement has since spiralled. At this point the banking crisis had not yet hammered the general business sector as it has done now with a savage drop in output. The last quarter figures were not available in November.
IN JANUARY 2009, Clarke became a Shadow Cabinet Minister and since then has been trying to backtrack on what he said because obviously it makes the Tory Shadow Cabinet look a complete load of tossers if they disagree so fundamentally on the above policy.
It is also worth pointing out that Clarke has more experience than pretty much the whole of the Shadow Cabinet put together, which is probably why he agreed with the Labour plan in the first place.
Hope this helps your understanding
have a nice day.