The choice at the next election: competence or chaos

David Cameron writes:
 

"There is a simple choice at the next election: between competence and chaos.

With our long-term economic plan, you get competence.

Sound public finances and reducing the deficit are at the heart of our plan.

Today we have published a new Charter for Budget Responsibility, which makes clear our commitment to making £30 billion of savings in the first two years of the next Parliament.

We have already cut the deficit in half - and now we have set out clear steps to finish the job. And a Conservative Government will run a budget surplus by 2018/19.

It is vital we see our plan through - so please add your name today to back the action we're taking to build a stronger, healthier economy.

Continuing to borrow more indefinitely, to pile on the debt, would leave Britain completely unprepared should any crisis hit in the future.

But that is exactly what Labour would do. Their plans involve running a budget deficit - permanently adding to the debt - every year. Indefinitely.

The independent experts at the Institute for Fiscal Studies are clear: under a Labour government "you'd have much more borrowing, and therefore government debt."

They say that Labour's borrowing rules would allow them to borrow £28 billion more. And according to Treasury analysis of the equivalent of Labour's policy, the national debt would be almost £500 billion bigger in 21 years' time.

That would mean higher taxes on you, your family and on Britain's businesses.

And it would mean under-funded public services - because you cannot have a strong NHS, strong schools, strong police forces, strong anything without a strong economy.

The consequences of Labour's plans do not bear thinking about. They would lead to total and utter chaos.

So please back our plan today and let's stay on course to prosperity - and secure a better future for Britain.

Thank you,

David Cameron"
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Comments

Jim said…
"We have already cut the deficit in half"

I'm calling you Dave. The deficit is measured in Pounds (its not measured as a percentage of GDP or any other daft measurement, it is measured in £ sterling)

Now the deficit in labours last financial year (2009-10) stood at £134 billion.

The deficit in the last financial year (2013-14) was £98 billion.

so we can see its down by 35% or by a third (near enough). its currently by your own chancellors figures set to be £91 billion at the end of this year (2014-15) or 40% down. thats not half Dave.

Now if my tax rate was half and instead i paid 40% you would soon send the bailiffs round.

When you can honestly say the deficit is now £67 billion then its been halved, but not until then. That's why I'm calling you

also please remember the deficit being halfed will be welcome news (when it does finally happen) still that only means we are INCREASING the debt at a slower rate than labour did. its still like doing 35 MPH the wrong way down a road instead of doing 70.

Jim said…
There once again we have the politicians paradox don't we. Every politician knows how to solve the problem, they just don't know how to be re-elected after solving it.

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