Just another nutty socialist idea from the nutty socialists. Stripping away the 'tradition' voters who vote a party because their family always has, that labour has any supporters beyond that shows nothing more than a failing of the education system to explain socialism.
However in this money pissing match the Tories also want to spend big. Where have the right wing gone? Or even a libertarian option? Small government, free markets, the right to be a free person unmolested by the anal retentive?