This Government are borrowing more. Of course a temporary cut in VAT has a cost and would lead to a temporary rise in borrowing—[Interruption.] Let me say this: that would get growth moving in this country and would be much more likely to get the deficit down. That is the difference. The International Monetary Fund is in town, and what is it telling the Chancellor? It is saying, “Change course. Your plan is not working.” That is the reality.
I am glad that the hon. Member for North East Somerset (Jacob Rees-Mogg) intervened because I will come to his point later in my speech. He advocates not just a pact with UKIP but a coalition—Deputy Prime Minister Farage in place of the Liberal Democrat leader.