Stephanie Flanders, BBC economics editor had this to say about the Lib Dem manifesto: “The Liberal Democrats may be only the third largest party at Westminster – but when it comes to tax plans, they punch above their weight. Their manifesto has a lot more numbers than either of the other parties. That deserves some credit. Their tax proposals are also by far the most ambitious we’ve seen this week. Whether they would do what the party says they would do is another matter.”
On Labour and the Tories, she was less kind: “The Labour and Conservative manifestos are very different. Labour’s was big on words – and detailed promises and commitments which we had heard before. It put government at the centre. The Conservative version is longer, but lighter. About a third of its 118 pages actually contains written text – the rest is made up of pictures, fun facts, and (yes) blank pages to give readers a rest. Their focus is on the private sector – and on individuals.
“But the two documents have one important thing in common: neither of them makes any further contribution to public understanding on how Britain’s £167bn budget deficit is going to be cut. And they both leave plenty out.”
The Lib Dem manifesto is about four key policies —
• Fair taxes that put money back in your pocket.
• A fair chance for every child.
• A fair future, creating jobs by making Britain greener.
• A fair deal for you from politicians.
In the words of Nick Clegg, leader of the Liberal Democrats: “We’ve had 65 years of Labour and the Conservatives: the same parties taking turns and making the same mistakes, letting you down. It is time for something different. It is time for something better.”
The manifesto itself is a pretty hefty document — strengthened, as Stephanie Flanders points out, by pages and pages of detailed costings. This is not pie in the sky, these are workable plans which — if the situation did transpire that we were in government with members of other parties willing to work with us — would form the blueprint for economic recovery. Sustainable economic recovery that is, because, despite the promises of the last four chancellors (Lawson, Clarke, Brown, Darling) the Labour/Conservative or Labservative economics has done nothing but cycle us through boom and bust.
If the full document is more than you want to read right now, here are the key points in a bit more detail:
that put money back in your pocket
• The first £10,000 you earn tax-free: a tax cut of £700 for most people
• 3.6 million low earners and pensioners freed from income tax completely
• Paid for in full by closing loopholes that unfairly benefit the wealthy and polluters
a fair chance
for every child
• Ensure children get the individual attention they need by cutting class sizes
• Made possible by investing £2.5 billion in schools targeted to help struggling pupils
• Give schools the freedom to make the right choices for their pupils
a fair future
creating jobs by making Britain greener
• Break up the banks and get them lending again to protect real businesses
• Honesty about the tough choices needed to cut the deficit • Green growth and jobs that last by investing in infrastructure
a fair deal
by cleaning up politics
• Put trust back into politics by giving you the right to sack corrupt MPs
• Restore and protect hard-won British civil liberties with a Freedom Bill
• Overhaul Westminster completely: fair votes, an elected House of Lords, all politicians to pay full British taxes