In these difficult times, when tough decisions are required, the differences between Labour and the Tories are becoming much clearer. One party believes in intervention to reduce social and economic costs and the other believes in market forces and letting things take their course.

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.

Lucy Powell Quotes