[andrewb]

I should add that I am not convinced that either the Conservatives plan from November, or the one announced by the government today, will actually help. I remain to be convinced that creating jobs to create products for which there is no demand, or to serve when there is nobody to serve, is an effective method of solving problems.

They need to reflate demand so that jobs are created. Brown was right when he had this idea, just the VAT cut was quite possibly the worst way of doing it.