I suspect Danny Alexander ("Thank LibDems 'for pulling UK out of slump'", The Herald, September 14) is being a trifle arrogant and premature in suggesting his party is responsible for economic recovery in the UK.

Some might even argue his views are delusional.

Perhaps any recovery is despite, rather than because of, the LibDems and their colleagues in Coalition.

An alternative view might be that the Government is failing in its stated quest to "rebalance the economy". The history of government going back to the Thatcher years is of dysfunctional deregulation of capital and rabid regulation of labour.

The richest individuals and corporations are awash with cash but neither spend it, due to "lack of confidence" and lack of need, nor pay their moral share of tax. Those with most need to spend - the poorest citizens and local government - cannot afford their modest needs. A rebalancing in favour of labour would achieve a fairer society and an economy which works.

Peter Moore,

3 Bellevue Road,

Ayr.