Mark Hoban - in 2010 he was a Treasury minister, who gave the Tories' verdict on plans to halve the deficit by 2015 which are unintentionally hilarious in hindsight.

Mark Hoban – in 2010 he was a Treasury minister, who gave the Tories’ verdict on plans to halve the deficit by 2015 which are unintentionally hilarious in hindsight.

It’s funny how things change, writes Alex Little.

The Conservatives launched this, their first election poster this week. One of their three boasts is “THE DEFICIT HALVED”. This has now been redefined as a success, but Jonathan Portes has dug up some great quotes from 2011 when they were saying something entirely different.

Interestingly, the Labour plan in 2010 was to halve the deficit by 2015, but using different methods. For what the Tories were saying in 2010, and what Alex thinks of both ideas, visit alittleecon.

Follow me on Twitter: @MidWalesMike

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