David Cameron attacked Gordon Brown’s decade-long mismanagement of the economy in today’s Prime Minister’s Questions.
David stressed the Pre-Budget Report would double our national debt to over £1 trillion, and condemned Gordon Brown for making such a mess of our public finances.
"This Prime Minister has given us the debt levels of Italy and the accounting practices of Enron."
David pointed out that our national debt will soon reach the same level as it was when Denis Healey had to go to the International Monetary Fund (IMF) and ask for a loan to bail Britain out.
And he warned that there was “absolutely nothing stimulating” about the measures proposed by Gordon Brown in the Pre-Budget Report:
“The country is going bankrupt, he’s been found out and new Labour is dead.”
David also quizzed the Prime Minister about Labour’s secret plan to raise VAT, stressing that Brown cannot pretend this was a “madcap scheme” that was immediately rejected as the document was signed off by the Treasury Minister Stephen Timms.