Comment On Emergency Budget

George Osborne

“This Reckless Tory Budget would not have been possible without the Liberal Democrats”

I managed to find a seat in the Chamber earlier, but it was next to the Liberal Democrats, and one or two colleagues caught my eye as Labour’s acting leader, Harriet Harman, trotted out the above line of attack.

I first met George Osborne twenty years ago during freshers’ week at university, so I did a little bit of a double take today as I saw him walk into the Chamber, have the Prime Minister pour him a drink, and then launch into the most important budget statement for a generation.

George seems to have grown into the role of Chancellor very quickly. As well as being politically sensitive and astute, I feel that he delivered just about the best economic package he could, given the mess which he has been left to clear up.

Only halving the deficit over five years, as Labour proposed, was never a serious plan, because investors would not have lent us the money at a price we could afford. We will eliminate the current structural budget deficit over the course of the Parliament to restore confidence in our credit, our currency and our country. 

Harriet Harman is right. This Budget would not have been possible without, at a minimum, Liberal Democrat acquiescence. It is surely better though – however much Harriet Harman dislikes it – to have Liberal Democrats and Conservatives actively working together to clear up the mess which Labour have left behind.

We are all in it together. Today’s Budget sets out, not Conservative cuts, but the best efforts of our national coalition to put our country back on track.



Filed under budget, conservatives, economy, Employment, george osborne, mark reckless, rochester and strood

2 responses to “Comment On Emergency Budget

  1. Allan SNELLER

    I thought we got off quite lightly actually. I was expecting VAT at 22% so only 20% is a result.
    Allan Sneller.

  2. Clive Reckless

    Hello Mark,
    First of all let me congratulate you on your election to the House of commons.
    I am sure that somewhere in the dim, and distant pass we will share some common Ancestry, especially if you can trace it back to the Nottingham area
    Having passed on my best wishes I must confess to not sharing the same political views as yourself although I did vote for both Thatcher & Major in the past, but time moves on, and situations change.
    I believe the rush to cut the defecit quicker then planned could prove to be disastrous for the UK economy, and for quite a number of the people who live here.

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