No swingeing cuts in first year, says David Cameron

chucky

it looks like if the Tories do win the election, they won't be making all of those drastic cuts many on here are expecting for quite some time :eek:

A Conservative government would not make "swingeing cuts" to public spending during its first year, party leader David Cameron has told the BBC.

But he said it was right to make a start on cutting the deficit, to avoid the same "scale of problems" as Greece, where public finances are in ruins.

http://news.bbc.co.uk/1/hi/uk_politics/8490024.stm

nearlynew

Have you forgotten that all politicians are lying thieves?

RabbitMad

I think this is a double bluff by the tories to get the bonds market to have the sterling crisis under the labour govt.

Lets face it the only reason we have our AAA rating at present is that the market have factored in a tory win and an early desire to get the deficit undercontrol.
If the tories can manipulate that situation they can get the markets to make the case for "swinging cuts now" by upping the price of our borrowing and when / if they get in they can blame labour.

CLAPTON

the conservative have had to back down as they have absolutely no support from business.
all the business leaders CBI etc all support cuts of course but not until the economy improves in 2011.

Graham_Devon

LOL, love mandleson. Thats three different stories today in which he has accused the tories of "soundbites" with no real input to the actual story.

Thrugelmir

May have something to do with the fact that the 2010/11 financial year budget has already been set.

This restricts options to changes in direct taxation if the Tories win the election and hold an emergency budget afterwards as promised.

Thrugelmir

RabbitMad wrote: »

I think this is a double bluff by the tories to get the bonds market to have the sterling crisis under the labour govt.

Lets face it the only reason we have our AAA rating at present is that the market have factored in a tory win and an early desire to get the deficit undercontrol.
If the tories can manipulate that situation they can get the markets to make the case for "swinging cuts now" by upping the price of our borrowing and when / if they get in they can blame labour.

About time the discussion moved away from politics. And the realisation that the countries finances are in a real mess. The Labour party have gaffed by talking about investment not cuts, so hard to retract.

Once Brown is desposed of his Crown, then the new leader can change tack. And blame his predecessor . Thats politics.

The markets want a sustainable plan who ever is in power.

treliac

Graham_Devon wrote: »

LOL, love mandleson. Thats three different stories today in which he has accused the tories of "soundbites" with no real input to the actual story.

He doesn't seem to know the saying 'pot calling the kettle.....'

bouche

chucky wrote: »

it looks like if the Tories do win the election, they won't be making all of those drastic cuts many on here are expecting for quite some time :eek:

http://news.bbc.co.uk/1/hi/uk_politics/8490024.stm

Why does anyone listen to Dave anyway, he's not running the country and we don't know yet whether he will be or not - so all this propaganda is futile cause he hasn't the power to do any of the things he says he's gonna do - CAUSE HE DOESN'T RUN THIS COUNTRY!
:eek::eek::eek:

Heyman_2

chucky wrote: »

it looks like if the Tories do win the election, they won't be making all of those drastic cuts many on here are expecting for quite some time :eek:

http://news.bbc.co.uk/1/hi/uk_politics/8490024.stm

Hmmmmm I'll believe it only when it actually happens - what about the 'Emergency Budget' that airbrushed Dave was banging on about before Christmas?

http://news.bbc.co.uk/1/hi/8372839.stm

Or does he just think that we're all really stupid?

Edit: One thing I did notice in the article you posted -

Mr Cameron did not give a projected figure for cuts to public spending, but promised to work with the Bank of England to "make sure we keep low those interest rates".

If he IS telling the truth then :beer:

HAMISH_MCTAVISH

Heyman wrote: »

'Emergency Budget'

:rotfl: :rotfl: :rotfl: :rotfl:


Oh dear......

NO PARTY will jeapordise the recovery.

BOTH PARTIES will keep base rates low and HPI ticking up. They won't get re-elected if they don't.

Please tell me nobody was stupid enough to believe "Dave" would crash the markets again......

Were you?

Really?:eek: