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Subject: Tories and business
Off we go again. The Tories are producing a business manifesto this morning. Parties used to do that when no-one thought they had any support from business. That's why Labour used to produce such things as long lists of names of businessmen who were in favour.
In the old days, of course, the Tories couldn't produce a list of businessmen in favour because it WAS "the business community". So it looks perhaps a little defensive that they have to do it now. Really oughtn't they be providing a list of doctors, nurses, teachers who are in favour of them? That surely would be the mirror of what Labour used to do.
Yes, they accept he was the source behind the FT's story that the Tories planned to cut taxes by £20 billion but, no, they do not have any such plans. So, are they saying Letwin's a fool who didn't understand the plans he's drawn up and would implement in government, or a liar?
Great question. Shame I didn't ask it this morning. News conferences can be like real-life encounters - you only think what you should have said when it's too late!
The Tories have learnt how to answer difficult questions from Labour's handling of the Euro. Agree on a formula, stick to it in all circumstances whatever the question because it may only be a part of the truth but it'd much much less damaging than spelling out what your real thinking is.
This matters as Labour have form on this and still shudder at the memory of John Smith's pledge in 1992 to scrap the ceiling on national insurance contributions altogether - a promise, in effect, to hike the taxes of the aspirant voters of Middle Britain who they've so successfully recruited in recent years.
As the politicians like to say "the choice in this election is now clear". It is stealth spending cuts versus stealth tax rises.
But it's hard to see how they can stop this happening with a policy of simply refusing to say what their approach is.
His party though can't resist stunts. Alistair Darling was given a blue "Tory boom & bust" budget box this morning as he delivered what was labelled the real Shadow Budget.
Later on, those who aspire to be the Tony Blairs and Gordon Browns of the future paraded in front of Tory Central Office carrying placards and screaming "Let Letwin Speak". One day one of THEM might be prime minister. God help us!
Subject: Taxes rank?
It's fascinating for those of us who are Thatcher's children to witness the battle on tax. This was a model day for the Tories - they've identified a tax which hurts a key group of voters (those earning around £30,000 per year) and scares all those who aspire to earn that much.
And they've driven Labour into a corner where the risks of spelling out their plans are as high as refusing to do so. Yet Labour seem relatively unflustered and determined not to be moved. So who's right?
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