I realize I am fully biased saying this but I think it anyways: this new Liberal Ad stinks. It's wholly ineffective and it's a waste of Liberal Party donors moneys.
Where's the Contrast?
This ad is all about Stephen Harper. It isn't scary. And it says nothing about the "other" guy. Negative ads are only good if they provide a good contrast to the other guy IMHO. A "billion dollar boondoggle" sounds bad but it does nothing to make a voter think "hey those Liberals aren't as bad as this guy."
Watch this ad but Imagine Stephen Harper's face is not there and his name is never mentioned. It could have easily been an ad made by the Tories criticizing Paul Martin during the Sponsorship Scandal.
When it comes to "fiscal responsibility" I don't believe this issue is a Liberal issue, just like Healthcare is not a Conservative issue. It's a strange topic for a negative ad for the Liberals.
A far more effective issue to make a negative style ad would be regarding the Afghan detainee issue and the release of documents. To be clear I believe Law & Order issues are the Conservatives natural strength. That being said when the debate switches to secrecy and human rights I believe these are natural Liberal strengths in the public's eyes.
Either way I think it's just a weird issue for the Liberals to be pushing. I realize that the issue has shown some play in the polls, but who actually believes that this will be a long term problem?
Given a few months, the G20 will be over, and no one will remember a darn thing. Like prorogation the issue will fizzle. What the Liberals need to be looking for right now to win is are issues that stick over the long term.
Iggy's Turn The Page
What the Puffster needed right now was an ad that grabbed your attention. They needed an ad that got people talking. I don't believe this is that ad.
Iggy's problems of late with low polling numbers and the never ending talk of "merger" needed a moment to turn the page. This was an opportunity to do just that.
This ad was a failure in the sense that it failed to live up to what it could have done.
As a Conservative this makes me happy. If I were Liberal this wouldn't be an "up" moment.