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Now we have a new Prime Minister…
Unite for Freedom
…it’s time to fix the economy. Let’s hope that the coalition between the Tories and Lib-Dems will work, will be accepted by the parliamentary parties and by the party memberships, and will last a full parliamentary term.

Thirty-one years ago the Conservatives came to power, and had to make deeply unpopular choices in order to fix the broken economic legacy that Labour had left them. Now they have to do it again. I imagine that cuts in public-sector spending will cause pain across the country, and I hope that whatever tax rises are on the way will avoid the least well-off, and don’t harm growth.

Congratulations to the new First Lord of the Treasury, and to the new Deputy Prime Minister.