Well, Don, make up your mind: is the problem national debt, or is it more important to cut national insurance to benefit big industry?

Your Etonians have for months been saying that the primary need is to repay the debt obligations necessarily incurred to combat the recession (and incidentally the OECD is now saying that the UK economy is expected to grow faster than any other economy in Europe in the coming 14 months which is of course thanks to Brown and Darling).

Now their pals are scared of paying their share of the burden of meeting that obligation, and just before an election, the Etonians propose a giveaway. They propose to fund it out of efficiency savings that (a) have already been figured in to debt repayment capability and (b) they themselves were rubbishing as impossible only two weeks ago.

Jesus wept, bring back Pinnochio.