David Cameron attacked Brown over the Fsa report over the Northern rock crisis,and once again his "dithering during the crisis,in direct contrast to the Bears rescue in New York.
The debate soon turned to the economy
Brown used Fredrick Forsyth's quote that Cameron has a "no basic grasp of arithmetic,whilst Cameron resorted to attacks on the Prime Minister and Chancellor over taxes and public borrowing,challenging Brown to name one country that is putting up taxes in the face of the recession.
Nick Clegg continued the theme over home repossessions and falling property prices.
Once again the three leaders exchanged statistics.Fraser Nelson ,in a brilliant post, tries to sort out the truth on some of these figures.
Here's one
Inflation was 10% under the Tories. Yes RPI was, for three months in 1990. This has never been true for CPI, to which Brown referred to in generating his 2.5% figure. An honest comparison would say that RPI was 10% for a bit and is 4.1% now. and here is another
Unemployment is 8% in Germany, 8% in France – the UK has unemployment “half the rate of our European partners.” Huh? This is his “metric switch” con again. This only works if you compare the ILO count of France and Germany to the UK claimant count of 2.5%. The latest Eurostat figures show 7.1% Euro area unemployment with the UK on 5.1%, all on ILO basis. Since when was five half of seven?
And the fact that Brown keeps battering Cameron with
That David Cameron was an economic adviser to Norman Lamont. Untrue. Cameron was a general bag-carrier in the Treasury – emphatically not the Ed Balls figure to which Mr Brown alludes.
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