Monday 27 July 2009

The emergency budget is a real emergency


The announcement by Philip Hammond, shadow Treasury secretary, to call an emergency budget within days of the Conservatives getting into office is a wise move indeed. With crippling public & personal debt, setting out a clear and concise plan for efficient public spending to help Britain balance the books is essential. Doubtless, an incoming Conservative administration will have to make some tough and unpopular decisions, but being straight with people and telling the truth about just how bad the public finances are is vital.

As the credit crunch bites hard on the pockets of hardworking families, few will fall for Gordon Brown’s broken promises and empty words as he desperately tries to mask his catastrophic failure. The burden of public debt, which currently stands at around £20,000 per head, will plague our country for a generation. If we want to be a Government of transparency and honesty then we must look the public in the eye and tell it like it is.

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