I realise that that seems like an especially surprising statement given that the deficit has come down by a third, our balance of trade is improving, there are more people in work than ever before, unemployment and youth unemployment is coming down, and growth rates have surpassed expectations and are predicted - by the IMF amongst others - to continue to do so.
With barely a voting slip between the two main parties, honesty is going to be the subject in the minds of most of the electorate come the General Election next year. Just who do the public trust most at a time when the popularity of politicians is at an all-time low?
What's driving these changes is the Conservative's social philosophy infused with ideals of individual responsibility and ending the 'evils of dependency'. It's social malevolence, not economic pragmatism. The same can be said of the environment. Environmental campaigners are calling for government action but taking action is anathema to Conservative ideology.
The Tories' and Lib Dems' hands off approach means the civil service looks like the last closed shop, based on an institutional elitism which excludes many exceptional individuals with ordinary backgrounds. For those who already feel that the levers of power are distant and remote from their lives the civil service is a closed circle - out of reach and out of touch.
We believe that things have got to change if we are to restore the public's faith. And that's why Ed Miliband and I have set up the Victims' Taskforce with the precise remit to come forward with a Victims' Law and other recommendations of what needs to change in our justice system. And the Taskforce is already hard at work.
The British press seem to have agreed that Ed Milband hasn't been doing very well lately. His budget response was rather badly received. His extension of the energy freeze to small business was barely reported...
Time after time, the once and never "Red Ed" goes out of his way to prove just how right-wing he is. He's signed up to Conservative spending plans, he's backed the welfare cap, he's supported workfare and he's backed the mantra of austerity. It's little wonder the unions are getting anxious about Labour's rightward drift.
I switched on the radio on last Wednesday evening to hear men shouting over the top of each other. A new "Mens' Hour"? A replay of Tuesday's football? No, it was the monotone sound of our supposed democracy in action...
With Ed Miliband's promise of a 'radical offer' on tuition fees there is an ever increasing feeling that Labour will commit to a graduate tax. This follows Liam Byrne's suggestion that Labour's election manifesto could set out 'a long-term shift to a graduate tax.' The announcement that Labour will reduce tuition fees to £6,000 suggests tuition fees are going to be a real election issue.
Ed Miliband is right, "Britain can do better than this". Britain can do better than political populism and price fixing which should have been left in the 1970s.
The real betrayal of Britain's poorest and most vulnerable people was Labour's support for this toxic policy. With 13 honourable exceptions who all deserve praise for actually doing what they were elected to do, Labour MPs acquiescently lined up behind the welfare cap. If an antelope feeds its calf to a lion, that's pretty shocking.
Do you want my alternative, semi-serious take on the Nick vs Nigel clash over Europe, Ed Miliband's 'weirdness' and Kermit the Frog's opposition to Scottish independence? Here's the political week in 60 seconds.
It can sometimes stick in the throat to hear these politicians eulogising about "honour" when they seem so short of it themselves... Nick Clegg praised Tony Benn for being a "fervent defender of what he believed in", seemingly forgetting his own paltry commitment to defend students from a hike in tuition fees.
We've learnt a lot since the prospect of fracking for shale gas first reared its head in the UK. One thing hasn't changed though - fracking remains incompatible with building the kind of green energy future we need to avert the very worst climate change.
Mainstream political parties in virtually all countries are struggling to differentiate themselves from one another, at least in terms of their economic policies. And the factor that's forcing them to become virtually indistinguishable is: globalisation.
As long as the debate on immigration is hijacked by the most self-righteous on the left and those pursuing a divisive, xenophobic, anti-welfare agenda on the right, a sensible discussion remains out of the question. If such extremism and infighting among the political classes continue to dominate the debate, the concerns of ordinary people will doubtless go ignored for the sake of political point-scoring.