The latest YouGov poll puts the Conservatives on 42 per cent, Labour on 40 per cent and the Lib Dems on 8 per cent. I would agree that polls at this stage of a Parliament are largely irrelevant, but one might think that Labour would be making a greater impact.
I have not been impressed by Ed Miliband at Prime Minister's Question Time. He does land the occasional punch, but it is often stilted or over prepared. David Cameron is usually able to out point him, often with a spontaneous put down like the Basil Brush comment on Wednesday (after Ed had tried to claim that the PM was 'air brushed').
It looks like in its haste to get away from New Labour (which did win three elections in a row) the Labour Party has reverted to its old principle: never compromise with the electorate.
Of course, it's possible that the Government will be overwhelmed by a tidal wave of revulsion against the effect of the cuts. No doubt that is what the Labour Party hopes. But they have to have a credible alternative economic plan and as yet they don't. Admittedly, they do have time to fill in the famous blank sheet of paper, but they can't take too long.
Meanwhile, David Cameron has followed Nick Clegg in getting in some populist shots at bankers' bonuses. They are an easy target and they haven't showed much political skill. Whether it's good policy is another matter.