I don’t think Cameron has conceded anything very much. The Lib Dems are not much farther to the left than he is personally and he would have a much harder time with his own party if he was not in a coalition. I think Cameron has done quite well by his own miserable standard.
Cable is just one of those people that think that the debate (was there one?) about the role of the state has been settled and that elections are just about replacing the management team.
- Samizdata commenter Peter T