Conservative Party Spring Forum: David Cameron speech

Conservative Party Spring Forum: David Cameron speech; David Cameron speech continues SOT - Now the big argument, as you heard from George Osborne yesterday, is going to be about our deficit, and the clear and present danger it holds over our whole economy. And there's going to be a big argument about this deficit. Labour will say that if you do anything, literally anything to cut any piece of government spending immediately, you will somehow tip the country back into recession. We say that is nonsense. We say that if you don't do anything, you will see interest rates go up, you will see mortgage rates go up, you will see confidence drained away from our economy, and the country will go back into a deeper and darker recession. And on our side, we have a growing number of not just economists but also business people like Richard Branson and frankly half the country's retailers, who never stop telling me that they the government to get to grips with its own finances. Now the government will produce its own economists, and there will be a great argument, but I think we should be confident about this: I think the British people know that we're right. They know that when you've maxed out on one credit card, it's not the right thing to rush off and get another one. They know with their own debts, the longer you leave it, the worse it gets. And as we make this argument, this bold, brave argument, that we've got to roll up our sleeves and get to deal with our deficit and deal with our debts, we should have the confidence that we're right and we're going to win that argument with the British people. But dealing with the deficit isn't the only change that we're going to bring, because to get our economy growing, we've got to do more than just deal with the deficit with early action and a proper plan, we've got to get this economy moving again, we've got to get people investing again, and that's why we're going to have that emergency budget in 50 days. That's why we...
Conservative Party Spring Forum: David Cameron speech; David Cameron speech continues SOT - Now the big argument, as you heard from George Osborne yesterday, is going to be about our deficit, and the clear and present danger it holds over our whole economy. And there's going to be a big argument about this deficit. Labour will say that if you do anything, literally anything to cut any piece of government spending immediately, you will somehow tip the country back into recession. We say that is nonsense. We say that if you don't do anything, you will see interest rates go up, you will see mortgage rates go up, you will see confidence drained away from our economy, and the country will go back into a deeper and darker recession. And on our side, we have a growing number of not just economists but also business people like Richard Branson and frankly half the country's retailers, who never stop telling me that they the government to get to grips with its own finances. Now the government will produce its own economists, and there will be a great argument, but I think we should be confident about this: I think the British people know that we're right. They know that when you've maxed out on one credit card, it's not the right thing to rush off and get another one. They know with their own debts, the longer you leave it, the worse it gets. And as we make this argument, this bold, brave argument, that we've got to roll up our sleeves and get to deal with our deficit and deal with our debts, we should have the confidence that we're right and we're going to win that argument with the British people. But dealing with the deficit isn't the only change that we're going to bring, because to get our economy growing, we've got to do more than just deal with the deficit with early action and a proper plan, we've got to get this economy moving again, we've got to get people investing again, and that's why we're going to have that emergency budget in 50 days. That's why we...
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28 February, 2010
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