Tory Wobble
Something is not right at the centre of the Tory Party. The retreat over cuts is alarming, not in itself, but because it signals another policy lurch. Coming on top of the business of the tax allowances for married couples (as opposed to cohabiting couples), this looks as if the high command is losing its nerve. There is mileage in being willing to hack at that deficit no matter what, and very little mileage in going the same route as Labour. At present it is clear where Labour is and where the Lib Dems are. The Tories are beginning to look as if they have dropped their compass.
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