Fiscal incontinence

Of all the labour saving devices given to us by technology, there is none so gratifying as the option on the BBC iPlayer that allows me to directly to the moment on this morning's Andrew Marr Show where national slimeball champion Peter Mandelson tries to give us the impression that a £170 billion budget deficit represented a long Labour tradition of economic competence and fiscal stability.

A pity then that the £600,000 a year Loretto and Cambridge educated Marxist Leninist Andrew Marr didn't pull him up on the point.