Labour plans would mean £500 Billion more debt

See the "share the facts" website  here for details of how Labour's spending plans would saddle the country with more debt, and more interest on that debt.

While there is more to do, our long-term economic plan is working. The deficit is down by over a third, the economy is growing at the fastest rate in the developed world and 1.8 million more people wake up in the morning knowing they have the security of a job.

But Labour haven’t learnt their lesson. Their policy would add £35,000 of debt for every child in the country over the next two decades - more debt than future generations could ever hope to repay.

Labour are the biggest risk to Britain’s economic security. Only by working through our long-term economic plan and finishing the job of eliminating the deficit will we secure a better, brighter future for our country.

Comments

Jim said…
This is why we need The Harrogate Agenda. Labour can then plan all they want to, but can do diddly squat about it without asking, and when they ask, the answer to the question of "will you pay more in tax to fund this" will most likely be NOPE!, unless of course for once its actually a good idea, well you know, wonders never cease
10:20 pm
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