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Tackling the deficit is not an alternative to economic growth

Monday, November 23 2009

David Cameron (Photo credit: Andrew Parsons)

David Cameron has set out how the Conservative Party would tackle the growing deficit and get the economy growing again if they win the next election.

Speaking to the Confederation of British Industry (CBI), David explained that tackling the deficit is not an alternative to economic growth – it is part of the solution. 

He said that, within 50 days of taking office, a Conservative Government would introduce an Emergency Growth Budget – containing not only be a plan to bring down the deficit but the most comprehensive plan to unleash investment and enterprise in our country.

David reiterated our pledge to cut red tape for business and simplify Labour’s nightmare tax system, and also outlined commitments to:

  • Unlock credit in the immediate term and help ensure credit lines stay open for the long-term too
  • Solve the skills crisis with 200,000 new apprenticeships and an overhaul of both the welfare and education systems
  • Revolutionise our transport system with a high-speed rail link and ensuring the majority of the population have access to broadband

David said that, while he couldn’t list of every piece of infrastructure spending and every tax reduction that businesses would like because the Government has run out of money, this was the agenda that Britain “really needs”, and he added:

“At a time of difficulty like this, frankness, directness, candour matter more than ever.”

Rt Hon David Cameron MP

David was elected Leader of the Conservatives in December 2005, on a mandate to change the Party and change the country.

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Cameron David

George Osborne on Labour's "spectacular own goal"

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The Shadow Chancellor says that Labour have done nothing but highlight their own contradictions on cuts.