Today on the morning tv, there were pundits from all three parties all arguing about ways to reflate the economy. Basically put rubber patches on the inner tube the monetarists poured acid on and kicked the shit out of.

There was nowt clever about closing down industry to make the sums work out.

The huge investment made by a Labour council to get Toyota to Derby was roundly condemned by all the tories. Labour paid the price - villification of Bookbinder in the tory press. And the loss of the support of an electorate - in a place where before him, it was said if you put up a donkey for labour it would have won.

The tories were spending money like water on right wing projects like the national Curriculum in schools and fund holding GPs in the health service - both of which have since been acknowledged as complete wastes of public money.