Osborne is damned by his own words
David Cameron and George Osborne will pretend that things are still going according to plan, but their own words in the past betray this.
This is what they said on the deficit:
“In five years’ time, we will have balanced the books. The sharp tax rises and huge interest rates you feared, the uncertainty you felt – these are things you no longer need to worry about. With our Budget in June and the Comprehensive Spending Review last week, we took Britain out of the danger zone.”
– David Cameron, 25 October 2010
“I inherited, as chancellor, the largest budget deficit in the G-20. And we’ve taken a series of steps, increased some taxes, consumption taxes, had some cuts in public expenditure, which have put us on a path to eliminate the deficit in a period of four years.”
…
“Well, what I’ve said is, we’ve set out a credible fiscal plan. We are aiming to eliminate the current structural budget deficit by the year 2014/15, one year earlier than the mandate that I’ve established requires. So we’ve built some caution in there.”
– George Osborne, CNBC News, 1 December 2011
“Cable, one of five Liberal Democrat ministers in the cabinet, said it was realistic for the coalition to eradicate the structural deficit by the end of this parliament, adding ‘our credibility hinges on it’.”
– The Guardian, 20 May 2011
“So actually, when you strip away all the fury and the accusations and counter-accusations, the debate is about whether you deal with this deficit in five years or in seven years, I think it is better to do it in five years and I don’t think there is any merit in tearing off the plaster that much more slowly…”
– Nick Clegg, 5 Live, 23 January 2011
“I set out a fiscal mandate, a target for the public finances if you like to bring the current budget into balance, deal with this structural deficit, that is the bit that doesn’t go away when the economy grows, and I aim to meet that a year earlier than my target, for reasons of caution in 2014/2015 so it is a four year plan I have set out, some of the news coverage suggests it all takes place over night, it doesn’t take place over night it is a four year plan.”
– George Osborne, Today Programme, 21 October 2010
The question is – will the media hold them to account?
---------------------------
| Tweet |
Sunny Hundal is editor of LC. Also: on Twitter, at Pickled Politics and Guardian CIF.
· Other posts by Sunny Hundal
Filed under
News
28 Comments || Add yours below
Reader comments
Osborne took us out of the danger zone. The Eurozone took us back in.
Meanwhile, it is still official Labour party policy to join the Euro and Ed refuses to rule it out when pressed by the media….
Some guy on the internets once wrote:
“Personally – and forgive me if this sounds facetious – I don’t understand the benefit in listening to the declarations of liars. Surely people realise that the promises they make aren’t legally binding?”
@1
Its not “official Labour party policy to join the Euro” just because you say it is.
@1 – Ruling out something you then do 20 years down the line gets used against you at the time. You want Labour to cut their throats, as usual. Tired Tory Trolling.
And we were not IN danger. Osborne has put us in the danger zone. The Euro-zone will probably tip us over. Why? Because the economy has been made brittle by austerity. He’s DIRECTLY responsible for consumer demand being in the toilet. And you’re applauding as he flushes.
nonny mouse
“Osborne took us out of the danger zone. The Eurozone took us back in.”
For the love of God. Growth this time last year was -0.5%. Growth over the three quarters preceding the Eurozone crisis was 0%. Growth last quarter, when the crisis was beginning to bite, was 0.5%. I’ve no doubt that the Eurozone crisis is now beginning to make things worse, but the idea that Osborne had the recovery on track and then the crisis choked off that recovery just flies in the face of the facts.
From what I understand Osborne was trying to copy what the Canadians did in the 1990s by cutting. He was told that we are living in different times compared to then because the USA was booming in the 1990s and so Canada could experiment in what it was doing. Didn’t Osborne realise that this crises is completely different and the world market is in a different scenario compared to the 1990s?
To me Osbornes ideology blinds him to what is really going on and his belief is that the ways of Thatcherism works all the time.
Maybe the strikers weigh heavier than a duck? which makes them the manipulators of ‘good men’
The U.K. has a external debt to GDP ratio equivalent to that France and Greece combined (and four times that of the US) and this upper class twit says we have nothing to worry about? The British used to be Lions led by Donkeys. Now they’re nothing more than lambs being led to slaughter so the Bankers Osbourne and his ilk hold in such high esteem can hang on to their ill-gotten wealth.
Damn, I’m glad I left ten years ago!
Reactions: Twitter, blogs
- David W Edwards
RT @libcon: Osborne is damned by his own words http://t.co/s4LrkCqR
- Duncan Keeling
RT @libcon: Osborne is damned by his own words http://t.co/newibAaA
- David W Edwards
Osborne is damned by his own words http://t.co/dlrciyG3
- Jennifer
RT @libcon: Osborne is damned by his own words http://t.co/newibAaA
- meme
Osborne is damned by his own words | Liberal Conspiracy http://t.co/TmwydFOq via @libcon
- sunny hundal
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Michael Turner
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Hamid Sirhan
Osborne is damned by his own words http://t.co/dlrciyG3
- stevie
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Tim Easton
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- House Of Twits
RT @sunny_hundal George Osborne and Vince Cable – damned by their own words http://t.co/QedkhrdJ "Our credibility hinges on it"
- Lynda Constable
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- kevin leonard
Osborne is damned by his own words | Liberal Conspiracy http://t.co/VmjEcbOO via @libcon
- Robert Ryan
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Joss Hands
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Barnet Mags
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Jim Graham
George Osborne and Vince Cable – damned by their own words http://t.co/MZeFir2w "Our credibility hinges on it"
- Robert CP
Osborne is damned by his own words http://t.co/dlrciyG3
- Tim
Osborne is damned by his own words | Liberal Conspiracy http://t.co/1pbmvl2T via @libcon
- Sam hussain
Osborne is damned by his own words | Liberal Conspiracy http://t.co/1pbmvl2T via @libcon
You can read articles through the front page, via Twitter or RSS feed. You can also get them by email and through our Facebook group.
» The real agenda behind Telegraph’s abortion investigation
» How Scotland Yard monitors prying bloggers and journalists
» When disabled people want to work – employers can hold the back
» Revealed: the reality behind Workfare and why it doesn’t work
» Job snob? No, I’ve got the T-shirt
» Why country-by-country reporting matters to our wellbeing
» If Unions want to become stronger, they need to modernise
» Why work “reforms” in Spain are a warning for workers across Europe
» Five things you need to know about the NHS bill
» Bigger. Fatter. Gypsier. More Racist.
» Laziness levels in Britain getting lazier, wails government
|
62 Comments 15 Comments 23 Comments 10 Comments 24 Comments 19 Comments 16 Comments 83 Comments 203 Comments 85 Comments |
 |
LATEST COMMENTS » bluepillnation posted on Job snob? No, I've got the T-shirt » Hannah posted on The real agenda behind Telegraph's abortion investigation » Robin Levett posted on The real agenda behind Telegraph's abortion investigation » Chaise Guevara posted on The real agenda behind Telegraph's abortion investigation » Lee Griffin posted on The real agenda behind Telegraph's abortion investigation » Robin Levett posted on The real agenda behind Telegraph's abortion investigation » Robin Levett posted on The real agenda behind Telegraph's abortion investigation » Dave posted on The real agenda behind Telegraph's abortion investigation » Shatterface posted on Workfare - what does the evidence show? » TimJ posted on The real agenda behind Telegraph's abortion investigation » Robin Levett posted on The real agenda behind Telegraph's abortion investigation » TimJ posted on The real agenda behind Telegraph's abortion investigation » Hannah posted on The real agenda behind Telegraph's abortion investigation » Robin Levett posted on 'Move Your Money' planned against RBS » Chaise Guevara posted on The real agenda behind Telegraph's abortion investigation |
