Saturday 10 October 2009

You haven't seen anything yet

Frank Field MP
"George Osborne gains marks for being the first front bench politician of either of the two main parties prepared to spell out the details on the cuts which will have to be made to balance the budget in the longer term. Brave certainly, but not brave enough.
The Government is spending way beyond the revenue it raises. It calculates that when the economy has returned to growth a £90bn deficit will remain despite the increases in revenue that growing economic activity will bring. .....Full credit to George Osborne for starting the debate on the theme ‘we are all in this together', but these spelled out savings are tiny in comparison with what is required. The next big cuts speech better take the theme: you haven't seen anything yet."
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David Cameron and George Osborne offer a surprisingly radical agenda (Daily Mail)
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Gordon Brown favours optimism over Tory austerity - interview (Telegraph)
{Gordon Brown missed David Cameron’s conference speech.}

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