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Cable's common sense

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  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    edited 14 September 2012 at 8:52PM
    Wookster wrote: »
    Vince Cable's common sense?

    Where? How?

    The wisdom of Vincie is clear from his quotes:
    Jan 2009 "Quantative Easing... [is].. the Robert Mugabe school of Economics."
    Mar 2009 "directly increasing the amount of money flowing into the economy is now the only clear option."

    Oct 2008, "it is entirely wrong for the government to assume the economy should be stimulated by yet more public spending rather than tax cuts."
    Feb 2009, "we believe — and the Government say that they believe — in the need for a fiscal stimulus. Despite the severe financial constraints on the public sector, we believe that such a stimulus is right and necessary".

    Libdem Conference 2008 "The Government must not compromise the independence of the Bank of England by telling it to slash interest rates."
    One month later, he called on the Chancellor to urge the Governor of the Bank to make "a large cut in interest rates".

    For a politician, it is common sense to be 'flexible' in one's opinions. Good old Vincie.
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