Only those who don't see that spending what you don't have is overspending. This u turn effectively admits that they'll always do this, but they've actually only done it to try and regain some favour with the jocks who have defected from them to SNP.

Also because it doesn't matter which way they vote as the Conservatives have an overall majority, so they will win the vote tomorrow. So obviously they think it looks better to their supporters to oppose the Conservatives no matter what.

If they didn't borrow and overspend then it would be the first Labour government ever not to do so.

Even the socialist shining glory that is the NHS was created on borrowed money. We only recently paid it off.
But let's be serious for a minute.

Do you really believe that party politics is worth a bean these days ? You have seen that promises made in manifestos are broken without blinking. It is the politics of saying what people want to hear. The global economy dictates policy more and more.

There will be a bun fight for floating voters at the next election and Corbyn's election by a lot of rabid lefties will guarantee that middle England will desert Labour in their droves, That is the reality.

I have to say i disagree. I think Corbyns challenge and his oppurtunity is if he can galvanise the 1/3 of the population who didn't vote during the GE. He has already shown a talent for politicising people who have become turned off by modern plastic politics and if he could achieve this he would be on his way. If being the operative word.

With regard to party politics and the tradition of breaking promises, it is again both Corbyns challenge and opportunity. He has made speeches about changing the politics of this country and it will be interesting to see if he can do it.