Fraser Nelson

I’m afraid I did not detect a “new economic model” in George Osborne’s speech. He has said he will “eliminate “a large part” of the deficit (ie, the amount that debt goes up by) over the next parliament. In questions, he kept repeating this phrase: “a large part” - and which is woolier than Labour’s plan to halve it. When asked about this he said that he would do more than half it – but gave no indication by how much. It could be a lot, or a negligible amount. We still don’t know. Osborne said he will stick to what was, in my view, the root error of the recession: the 2 percent CPI target. Inflation was fine in the boom years – it was asset price inflation that pointed to the debt bubble.

There can be fewer more powerful untapped resources in Britain than the desire of parents to place their children in a good school. Every Sunday, pews of school-sponsoring churches are filled with atheist mothers and their kids. You read stories of parents giving up their kids to live with their aunt and uncle just to get a better school.   The single best reason to vote Tory is that they will set up a new system to harness this power, and allow anyone to set up a state school (by themselves or, more likely, in collaboration with the many companies offering to run new schools).  The Times today says that 350 requests have been made through the New Schools Network - an organisation dedicated to explaining the system. You can bet this is just the start.

It's striking how Tony Blair, the most successful election winner in Labour party history, is now so despised in the country that gave him three landslides. This matters politically, because he has - I fear - poisoned the cause of liberal interventionism. I look at this in my News of the World column today. Blair's Chicago speech of 1999 laid out what I regarded as a bold and coherent foreign policy case. It was time to stop letting genocides happen because they take place within the borders of sovereign states protected by the UN Security Council. I agreed with him when he said that, if the Rwandan genocide happened again, we would have a moral duty to act there. But if it happens again, what are the chances of Britain joining a multi-national coalition? Pretty close to zero.

The News of the World has done its poll of marginal seats today (story here, Anthony Wells here) – a hugely expensive operation, but worthwhile because British elections are decided in marginal seats. National polling, while interesting, can be a misleading indicator of outcome. The result is that the Tories have a safe lead of 13 points (take a bow, Lord Ashcroft), but would still end up with just a 38-seat majority due to Westminster’s unfair voting system. As I say in my column, this is nowhere near a ‘safe’ majority, because it means the government can be defeated by 20 rebels.

Well hello there, Rompuy. We haven’t heard much from the new EU president so far – he was upstaged by Barroso at the Copenhagen conference, showing that the EU stage only has room for one super-ego*. But with the Lisbon Treaty ratified, in defiance of public opinion in Britain (and Labour’s manifesto pledge), he now has powers to advance the EU project further. His idea today: the possible development of a "humanitarian rapid reaction force" for the EU. This rung a bell with me. When I did my tour of duty in the Scottish Parliament, this was a goal of the SNP. They want to creep on to the world stage, without asking permission. One step is to send “observers” to various committees. But aid is the softest target.

Here, CoffeeHousers, is my take on this morning's Cameron interview: 1. General demeanor: excellent, articulate, confident. The complete opposite from Brown. It does make you think that he should wipe the floor with Brown in the TV debates. 2. “Last week we saw William Hague and George Osborne going to Afghanistan together. First shadow Chancellor, the man who is going to be in charge of the money, on the frontline seeing what is going on in Afghanistan”. Indeed, but the NHS pledge and deficit cut pledge imply deep cuts to the military. To govern is to choose, and Cameron has made his choice: NHS spending before the military.

Remember Peter Watt? No one in Team Brown did either –and that, it now turns out, was a big mistake. As general secretary of the Labour Party when the Blair-Brown handover happened (and cash-for-honours was in the air) he was in a brilliant position to know what went on. And, after being abandoned by all of them, he has a motive to tell. His revelations are pretty explosive, but this jumps out at me the most - from Douglas Alexander, the man everyone thought was Brown’s little Mowgli raised by a fellow son-of-the-manse in the jungle of politics. This is what Alexander (the would-be co-ordinator in the election that never was) had to say to Watt in 2007: "The truth is, Peter, we have spent ten years working with this guy, and we don’t actually like him.