The wisdom of the world is that we all need huge injections of public money to get the economy moving again. It's the only way. I can certainly see the argument, but when everyone's agreed, you start to get a bit more jaundiced, and one can't help but feel uneasy at the huge sums being so readily promised for so much. Hence, a little relief is certainly due that David Cameron has not committed his party to a watered down fiscal stimulus, but has instead decided to robustly warn of the dangers of debt. The new Tory campaign - "Every child in Britain is born owing £17,000" - should get people to think first, and then possibly to question the wisdom of the world. For the Tories, it may just be worth it. So long as they have a credible economic alternative to show us, of course.
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