George Osborne has decided to start building infrastructure projects to create jobs, and get the economy moving. He's finally realised that that's the sort of thing that really needs to be done to help fix things.
I was absolutely delighted at this... for all of five seconds. And then it was explained how he was going to pay for it all: yet more cuts. Cuts that don't help at all, that just demoralise everyone, that destroy confidence, and that therefore act as a massive drag on the economy.
He was so close. But he might as well not have bothered. Gutted.
Meanwhile, on the yellow side of our disaster of a government, Nick Clegg has finally realised that people hate the Lib Dems. So, he's going to take action to fix that, right?
Well, no. He's called in his marketing experts to help rebrand the party.
Because of course, when people hate you for your actions, and don't trust you because of your lies, the thing to do is carry on with the same actions but find ways to lie more effectively!
If the Lib Dems want to avoid the annihilation that awaits them at the next election, I recommend the following:
1) Withdraw from the coalition immediately. Abstain from all future votes, thus avoiding bringing down the government, but under no circumstances support any government policy.
2) Replace Nick Clegg as leader, and then throw him, and any other person who held office in this government, out of the party.
That is the minimum required to have a chance. Even that will probably not be enough. But anything less will leave the party tainted with the poisonous stink of supporting the current hated government, and leave intact their deserved reputation for mendacity.