The Tories' "long term economic plan" ignores the long term, and involves no planning.
One of the deep ironies of this election is that the Tory mantra describes exactly what they haven't got. For more than a year now, barely a sentence has passed George Osborne's lips without the words “long term economic plan” erupting forth. In practice, though, he doesn't really have a plan for the British economy, and in so far as he does, it's not at all long term.
Basically, if you take them at their word (though, why on earth would we do that?) their plan is to cut the state back and let the market decide. To put it another way, their plan is not to have a plan. The only thing in the above graphic which implies any state intervention is education. But in reality, they plan to cut funding for schools in real terms.
