But economic recovery will not happen automatically, by magic. Government has a key role. It has to sustain demand. That is basic Keynes. Liberal economics also requires us to remove obstacles to growth led by private enterprise. Among them is the threat to recovery from a credit squeeze by banks on small businesses.
From Keynes to liberal economics in the flicker. Between Cable's ears the two are synonymous, you know, like fire and water. Little bit of each should do the trick.