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Politics

In the event of a Conservative/Lib Dem coalition, would you rather see George Osborne or Vince Cable as Chancellor?

57 replies

FlyingMonkey · 07/05/2010 21:26

Naturally, the Lefties amongst us would prefer Vince Cable. But I'm curious to know whether Conservative supporters actually rate Osborne. Vince Cable has spoken a lot of sense on the economy but sadly I doubt Cameron would agree to giving him the keys to No. 11.

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Wineonafridaynight · 08/05/2010 12:25

I vote Lib Dem. I would want Vince in. DP voted Con he would want Vince in.

Can't see that happening. Con/Lib economic policy isn't exactly similar and can't the economy being something that Dave will want to compromise on.

PfftThePinkoLeftyDragon · 08/05/2010 12:40

I don't think Dave wants to compromise on anything

longfingernailspaintedblue · 08/05/2010 14:59

I, for one, don't want Ken Clarke in.

He is very personable but he is known for being utterly lazy.

And of course Osborne doesn't write his own speeches but he politicians certainly come up with the outlines and frames for them.

Actually the best person could be Philip Hammond (currently Shadow Chief Secretary to the Treasury). I have been mightily impressed by him.

And though these things shouldn't matter, he is also a "working class Tory" who made his own way in the world. It might help Cameron unposhify the top ranks of his Cabinet.

Jux · 08/05/2010 16:16

I'd love Ken to be Chancellor.

jackstarbright · 08/05/2010 16:58

Edam - thanks for comments. I see your point a out non-dependent adults inheriting money.

But regarding Gordon Browns comments - your MIL's estate is about average for IHT. And I doubt you and your dh are champagne swilling mates of the Cameron's .

In reality rich elderly people with assets above the value of their house, can pretty much avoid IHT by gifting away those assets or putting them in off shore trusts (Zac Goldsmith style).

Also, I might have some bad news for you - based on the article I linked too - your MIL's estate may already be exempt from IHT! But only if she is a widow (with a £700k IHT free allowance) and not if she is divorced or never married.

Now, assume she is a young women with young dc's. If she died as a widow she could leave her dc's the house, as a divorcee or lone parent the house would be sold to pay IHT.

I actually agree with the princible of restricting inherited wealth - I just don't think IHT as it stands is the right way to do it.

Tis all academic though - as I expect it's low even on David C's list at the moment.

jackstarbright · 08/05/2010 17:44

Edam Sorry just realised you did understand the 2007 law change . If you feel strongly that all inherited wealth is a bad thing thenn the unfairness of the current system is an irrelevance. So I will leave you to your views.

Madsometimes · 08/05/2010 17:48

Vince is not going to be chancellor either under the Tories or Labour. They may make up a job title for him, to make him him sound important, but that is far as it is going to go.

A lib dem will not get to be chancellor, foreign or home secretary. They may get another cabinet job, but not a biggie.

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