Soros

Soros, the champagne socialist, enemy of Britain (he played a big part in our ignominious exit from EMU) and of the Tories, has come out with a statement today at Davos that mimics the Labour/Balls line i.e. that the Tory policy of dealing with the deficit is flawed and will drive the UK back into recession. How does he know and how is he any more able to judge these things than the rest of us? Why should we listen to him? He is a trader and gambled and won on the EMU but I wonder how many of his other gambles have come off? Presumably he has been invited to Davos because he is thought of as some kind of guru but would he have been invited if he had not made a bob or two on sterling all those years ago? I wonder if he lives in the UK and pays his taxes here? He may, of course, be proved to be right but as the cuts have not even begun to bite yet I would say that his statement is a little premature. Cameron did not make this point in his responses to Miliband but made it very clear that he will continue with the deficit reduction programme. Speaking of Cameron I think that his performance today at PMQs was one of his best. It was more measured, less arrogant and somehow more magisterial. He appeared to be more at ease. He should adopt this format in future. He even, surprisingly, answered more fully.