David Cameron scores the easy hits

Being leader of the opposition on this Budget Day was like shooting fish in a barrel.

The forecasts didn’t predict a U-shaped recovery but a “trampoline recovery”, said David Cameron.

Predictions from the November PBR of a 1 per cent fall in GDP (it’s now 3.5 per cent) had turned out to be “utterly useless” and a “work of fiction”.

The prime minister had been “condemned by his own red book” which admitted the recession would be worse than the early 1990s, contrary to Mr Brown’s own words.

In a swipe at the McBride affair, Cameron accused Labour of being not only bankrupt but also “morally bankrupt”.

Public debt was higher than when Denis Healey had to go to the IMF four decades ago. Brown’s team had become the “government of the living dead.”

Clearly the Labour response would be: “What would you do differently?” Luckily for the Tories, they don’t need to answer – because they were not in charge during the boom times.

Westminster blog

on the UK political scene

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The authors

Jim Pickard joined the lobby team in January 2008. He has been at the Financial Times since 1999 as a regional correspondent, assistant UK news editor and property correspondent.

Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.

Contributors

Elizabeth Rigby, the FT's chief political correspondent, joined the lobby team in September 2010. Elizabeth has worked at the FT for more than a decade and was most recently its consumer industries editor.

Helen Warrell is the FT's UK reporter, covering home affairs, crime and policing. She joined the FT in 2008 and has spent time as a reporter in the Brussels bureau and more recently, editing the paper's Asia coverage on the world news desk.

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