The continuing attacks by the Lib Dems on Labour's stewardship of the UK's public finances - today by the new Chief Secretary to the Treasury Danny Alexander - reminds me of what happened when the Lib Dems took control of Inverclyde Council in 2003.
Despite inheriting a reasonably sound financial position they set about trying to paint the previous Labour Administration as reckless with the Council's finances.
One of their first actions was to cancel the new Council care home for the elderly at the site of the former Hector McNeil Baths - despite not opposing this project when in opposition - after work had actually started, claiming that the Council could not afford this home.
In their first budget in February 2004 they set about slashing Council services - closing libraries and public toilets and cutting school clothing grants for the poorest families, among other things.
Today we saw the Lib Dem Chief Secretary stopping funding for a new hospital, the Future Jobs Fund and other employment initiatives, support for industry, modernisation of libraries, etc. Like his colleagues in Inverclyde, he will rue the day.
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