Away from the excitement, despair and outrage over Tony Blair's memoir , politics continues as usual -- the Lib Dems have hit a new poll low.
The latest daily YouGov poll  puts Nick Clegg's party on just 11 per cent -- a level of support not seen since the dark days of Ming Campbell's resignation in October 2007. The Tories are on a healthy 43 per cent, with Labour 5 points behind on 38 per cent. If repeated at the election on a uniform swing, the latest figures would see Clegg's party reduced to a rump of just 11 seats.
New Statesman Poll of Polls
Hung parliament: Conservatives 14 seats short.
Lib Dem ministers will shrug and declare, "There's only one poll that counts, and that's on election day," but the party's terrible ratings are beginning to sap morale among activists and we can expect tensions to grow in the run-up to conference season.
For the Conservatives, the long-term fear is that the fall in Lib Dem popularity may eventually make the coalition unworkable, and that Lib Dem MPs, fearful of losing their seats, will begin to rebel to maintain their distinctiveness.
Ether way, both parties should prepare for much worse once those 25 per cent cuts kick in.