David Cameron has reiterated his support for the financial rescue package, but stressed that “we are all paying the price” for Labour’s economic failure.
In an article in The Daily Telegraph, David wrote, “The role of the opposition in times like this is to make the right strategic judgements for the country and to explain clearly why action is needed.”
“If government action matches those judgements then we should give constructive support, but it is also critical that we stand up for the interests of taxpayers, and set out a credible way forward for the long-term.”
David described it as his “democratic duty” to point out how “badly prepared” our economy is for a downturn and how “vulnerable” we have been left by this Government:
“Gordon Brown built an economy on a bubble of private and public debt and we are all now paying the price.”
He outlined our plans to prevent Britain from being so badly exposed in the future, including a new Debt Responsibility Mechanism and an independent Office of Budget Responsibility to ensure that the Government lives within its means.
And he stressed, “I am happy to support the Government when they do the right thing, but the British people need to know that there is a credible alternative to this failing Government.”
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