Are we on the verge of a blue-yellow coalition?

Senior Lib Dems are optimistic about doing a deal with Cameron.

Memo to fellow progressives: this might not be our "moment". Sorry to be the bearer of bad news on the day that hundreds of people are gathering in central London to call for electoral reform, but I'm here to inform you that the Lib Dems might be about to do the unthinkable and join up with the Tories.

One senior Lib Dem frontbencher told me this morning that the Tories will "offer us a referendum on electoral reform. I have no doubt about it. They are desperate." He added: "My ideal outcome is unachievable. Personally, I would like to have done a deal with Labour."

So, are we on the verge of a blue-yellow coalition government, with Lib Dem ministers taking seats in a Cameron-led cabinet? Perhaps -- but almost everything about this election and the campaign that preceded it has been unpredictable. There's no reason why these post-election negotiations won't turn out to be just as volatile or as erratic.

Personally, I hope and pray that Nick Clegg does not fall for the Tory proposals that are put in front of him in the coming days. He has to remember that Cameron and co can't be trusted on electoral reform; the Conservatives are -- and always will be -- the party of the status quo.

But I've prepared myself to be disappointed. A Cameron-Clegg administration is no longer inconceivable. The Lib Dem leader's ludicrous decision to refer to the party with the most seats and votes as having a "mandate" boxed him in and forced him to negotiate with the Tories first. I asked my Lib Dem source why he had done so. His reply: "There is no point in saying we're going to play by rules that don't exist. We've got to play by the rules as they are."

Clegg and co may regret that decision at the next election.

Mehdi Hasan is a contributing writer for the New Statesman and the co-author of Ed: The Milibands and the Making of a Labour Leader. He was the New Statesman's senior editor (politics) from 2009-12.

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Donald Trump vs Barack Obama: How the inauguration speeches compared

We compared the two presidents on trade, foreign affairs and climate change – so you (really, really) don't have to.

After watching Donald Trump's inaugural address, what better way to get rid of the last few dregs of hope than by comparing what he said with Barack Obama's address from 2009? 

Both thanked the previous President, with Trump calling the Obamas "magnificent", and pledged to reform Washington, but the comparison ended there. 

Here is what each of them said: 

On American jobs

Obama:

The state of our economy calls for action, bold and swift.  And we will act, not only to create new jobs, but to lay a new foundation for growth.  We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.  We'll restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost.  We will harness the sun and the winds and the soil to fuel our cars and run our factories.  And we will transform our schools and colleges and universities to meet the demands of a new age.

Trump:

For many decades we've enriched foreign industry at the expense of American industry, subsidized the armies of other countries while allowing for the very sad depletion of our military.

One by one, the factories shuttered and left our shores with not even a thought about the millions and millions of American workers that were left behind.

Obama had a plan for growth. Trump just blames the rest of the world...

On global warming

Obama:

With old friends and former foes, we'll work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet.

Trump:

On the Middle East:

Obama:

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West, know that your people will judge you on what you can build, not what you destroy. 

Trump:

We will re-enforce old alliances and form new ones and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the earth.

On “greatness”

Obama:

In reaffirming the greatness of our nation we understand that greatness is never a given. It must be earned.

Trump:

America will start winning again, winning like never before.

 

On trade

Obama:

This is the journey we continue today.  We remain the most prosperous, powerful nation on Earth.  Our workers are no less productive than when this crisis began.  Our minds are no less inventive, our goods and services no less needed than they were last week, or last month, or last year.  Our capacity remains undiminished.  

Trump:

We must protect our borders from the ravages of other countries making our product, stealing our companies and destroying our jobs.

Protection will lead to great prosperity and strength. I will fight for you with every breath in my body, and I will never ever let you down.

Stephanie Boland is digital assistant at the New Statesman. She tweets at @stephanieboland