Support 100 years of independent journalism.

  1. Politics
12 September 2012

PMQs review: a win for Cameron as he ridicules “predistribution“

The Labour leader's big idea is dangerously vulnerable to mockery.

By George Eaton

David Cameron, a man not known for his attention to detail, armed himself with several powerful statistics at today’s PMQs. Private sector employment, he boasted, had risen by a million since the election, while the deficit had fallen by a quarter. In response, Ed Miliband pointed out that borrowing is already 25 per cent (£9.3bn) higher than at this point last year, with George Osborne set to abandon his golden debt rule.

Cameron, naturally, replied that, if Miliband was so worried about borrowing, why did he want to increase it? Miliband should have replied that while Labour would borrow for growth, the Tories are borrowing due to recession. But, perhaps fearing that PMQs wouldn’t allow for an explanation of Keynes’s paradox of thrift, he simply declared that borrowing was “rising on his [Cameron’s] watch”. It was at this point that Cameron turned his attention to “predistribution”, the zeitgeisty concept Miliband discussed in his speech last week. It meant he said, borrowing a quip from Danny Alexander, that “you spend the money before you actually get it, and I think you’ll find that’s why we’re in the mess we’re in right now.” Seated next to Miliband, Ed Balls, who yesterday described “predistribution” as “a good idea looking for a good label”, looked visibly unnerved.

As a result, Miliband’s next question – “Is he going to be a beneficiary of the 50p tax cut?” – couldn’t help sounding rather desperate. Cameron failed to answer it, just as he failed to say whether the government would rip up its debt target, but his replies were sufficiently strong for this to be of little consequence.

The man who invented predistribution, Joseph Hacker, had, Cameron observed, written a book called The Road To Nowhere. But Miliband “didn’t need to read it, he’s there already.” Rather optimistically, the Labour leader again asked the PM whether he would benefit from the abolition of the 50p rate (“a question he will have to answer between now and April”). But, today at least, buoyed by the cheers of Tory MPs, Cameron could happily ignore him.

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s global affairs newsletter, every Monday and Friday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A weekly dig into the New Statesman’s archive of over 100 years of stellar and influential journalism, sent each Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy