Joining Nick around the table at the Liberal Democrat conference in Bournemouth is Chris Huhne, the party's home affairs spokesman. Chris says it is right to cut taxes in the face of the economic downturn and because Labour's doubling of public spending has not been a resounding success. He cites the famous remark by the economist John Maynard Keynes: "When the facts change, I change my mind. What do you do, sir?"
Tom Clark, the Guardian's social policy leader writer, takes issue with a central Lib Dem defence of its plans: that its policies will help the less well off. Tom says a tax cutting strategy never helps the poorest because pensioners and the unemployed do not pay income tax.
Ros Taylor, the deputy editor of comment is free, says the Lib Dem move will be deemed irresponsible in the current economic climate. Ros says this message will be delivered by, of all people, the Tories at their conference later this month.
Simon Hoggart, the Guardian's parliamentary sketchwriter, gives us his take on the week. Simon says that the Liberal Democrats always find their conferences are overshadowed by bigger events; this year it is the crisis in world banking.
But we also hear from the man who has been popping up on the nation's television screens to explain the turmoil: King Vince, the Liberal Democrats' treasury spokesman Vince Cable.
I hope you enjoy this week's show - do post your comments below.
