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They know that John Smith's shadow budget of 1992 was applauded for being honest about the tax rises needed to pay for Labour's spending promises.
The "long ugly" – the years and years of spending cuts or tax rises needed to reduce our deficit, and eventually our debt – lurked menacingly in the background of Miliband's optimistic vision.
UK taxpayers were being kept in the dark about the large scale of spending cuts or tax rises needed to fund future pension and social obligations for an ageing population, the Institute of Economic Affairs said.
It's worth remembering that the Institute for Fiscal Studies warned last month that none of the three major parties were being honest with the public about the scale of the cuts and tax rises needed to rein in the deficit.
At a bad-tempered Prime Minister's Questions on July 1st, David Cameron, the Conservative leader, accused Gordon Brown, and not for the first time, of misleading the public over the scale of the spending cuts (or tax rises) needed to bring the national accounts back into balance.
And Mr Cable makes much of his revenue-neutral plan to take 3.5m people out of income tax, even though the offsetting tax rises needed to pay for it could also be used to reduce borrowing.The crucial missing element in Britain's now protracted debate over its fiscal mess is where spending cuts will actually be made.
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There, and elsewhere, tax rises need to bear some of the burden.Second, there is a political argument for raising this new revenue from the rich.
"The pace of cuts and tax rises need to take account of what is happening in the real economy," he told the BBC News Channel.
Rajoy is likely to explain that further cutbacks and tax rises are needed, in return for the country's banking bailout.
Clegg and Osborne are now publicly at odds over spending plans and whether tax rises are needed to clear the deficit.
It also gave warning that tax rises were needed for the government to meet its fiscal rules.The OECD pinpointed a number of structural flaws that are likely to hold back the economy in the longer term.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com