Labour party

"Remember, our government paid down the debt before the crisis hit." That's what Ed Miliband said in a speech last Friday, and I took exception to it at the time. My point was, admittedly, quite blunt: how could the Labour leader make such a claim when debt was around £500 billion in 2006, and rising? So I'm glad that the excellent Full Fact blog has since looked into the matter, and come down broadly on my side – giving Miliband a 2-out-of-5 rating on their truth scale. But some of their wider points are worth developing, which is why I'm returning to the topic now. First, though, the observation that I made on Friday. Here's a graph which shows our national debt throughout the Labour years.

David Cameron’s statement on the European summit just now was an opportunity for pro-European politicians to tweak the Conservative party’s tail about the coalition’s stance on Europe. Ed Miliband told the PM that on Europe ‘we’re here to help him’ and ‘we’re prepared to ignore his previous convictions if he is too.’ Charles Kennedy welcomed the PM as a new pro-European. While Denis MacShane, the very communitaire former Europe Minister, said that there was nothing in Cameron’s statement he disagreed with. There was some grumbling from the Tory benches. Sir Peter Tapsell asked why if Merkel can get a Treaty amended can’t Cameron do the same and allow the country the referendum it was promised.

Oh look, the Old Crowd are moving in on the New Generation's patch. Not only has David Miliband broken his post-defeat silence with an engaging little article in the Mail on Sunday, but we also have news that Gordon Brown is to make his first Commons speech since the general election. That's right, after 174 paid days of, erm, indiscernible activity, Gordon will tomorrow insist that maintenance on Britain's two new aircraft carriers should be carried out on a Scottish shipyard, rather than in France. Everyone else is surprised that he didn't get that written into the contracts already. The return of the Gord throws up some questions for Ed Miliband. It's not just the speech tomorrow, but rather the release of our former Prime Minister's book on 7 December.

I wonder what they'll come up with for Uncle Vince? Nick Clegg is a closet Tory (nice homophobic overtone there), and Danny Alexander reminds anti-persecution supremo Harriet Harman of a ginger rodent. Alexander deigned to respond, saying:  'I am proud to be ginger and rodents do valuable work cleaning up the mess others lead behind. Red Squirrel deserves to survive, unlike Labour.'   Aside from being witless, the problem with Labour's assault  on senior Lib Dem politicians is that each one makes a future Lib-Lab pact ever more unlikely. After all, there aren't so many Lib Dems to insult.

Ed Miliband's speech in Scotland this afternoon was a strange beast. So much of it was typical of the new Labour leader: for instance, the incessant stream of words like "optimism," "new" and "change". Some of it was rather surprising, such as the lengthy and warm tribute he paid to Gordon Brown at the start. One passage on the flaws of the Big Society (from a Labour perspective, natch) set out a philosophically intriguing dividing line. And his challenge over housing benefit was quite swashbuckling, in a Westminster-ish kind of way. But there's one line I'd like to focus on, because I'm sure it will come up again and again. Namely, this one: "Remember, our government paid down the debt before the crisis hit." Really?

Third time's the charm? Not when it comes it Deputy Prime Minister's Questions it’s not. Nick Clegg put in an effective performance this afternoon, but – just like the previous two sessions – there was rather more heat generated than light. So far as Labour are concerned, this monthly Q&A is little more than an opportunity to barrack the Lib Dem leader – and they set about the task with undisguised relish. Unfortunately for them, though, Nick Clegg bites back. Hard.