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Tory plan for emergency budget revealed

By James Tapsfield, PA

The Tory leader insisted the financial package would be needed to 'get the economy moving again'.

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The Tory leader insisted the financial package would be needed to 'get the economy moving again'.

The Conservatives would hold an "emergency budget" within 50 days of winning a general election, David Cameron said today.

The Tory leader insisted the financial package would be needed to tackle the soaring public deficit and "get the economy moving again".

Shadow Chancellor George Osborne has already indicated his intention of setting out a Budget early in a new Government.

However, Mr Cameron gave a firmer idea of timing by telling the BBC's Andrew Marr Show it would happen within 50 days of the poll - which must be held by June.

"If we won the election, we would have an emergency budget," he said.

"An emergency budget that, yes, would be about getting the deficit under control and having a credible plan...

"But it should also be a budget that goes for growth, that gets the economy moving again."

Chancellor Alistair Darling said Mr Cameron was being "two faced".

"He says he wants growth but he has opposed our action to help the economy. He has called for cuts now, at the worst possible time since they would choke off the recovery," Mr Darling said.

"As I have said before, we have a choice: a decade of low growth and low employment which is what David Cameron's policies would bring, or securing jobs through higher growth for the future which our policies are designed to do."

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rush?
[info]vhawk1951 wrote:
Sunday, 22 November 2009 at 05:45 pm (UTC)
being comparatively/relatively old, I have learned the unwisdom of doing things in a rush


On the other hand, if the boat is sinking it is equally unwise to dawdle over baling out the water; similiter if a house is burning down- time is of the essence
All I want to know....
[info]chipmem1 wrote:
Sunday, 22 November 2009 at 06:02 pm (UTC)

how can Darling talk about growth when our economy has had a minus 5.9% hit
this year. Sorry Darling but even the most die-hard labour man knows you've
messed up. You've believe everything globalisation has said, even when it's
caning your back side and making you beg for money.

There's a time when someone should say globalisation has been bad for us,
but will Cameron stand up to these financial thugs ?
he can force an election tomorrow if he's serious
[info]ju_harrogate wrote:
Sunday, 22 November 2009 at 06:15 pm (UTC)
If all the Tory MP's resign en masse tomorrow morning, HM will have to dissolve Parliament - no-one will countenance 190 by-elections at this stage of the game.

If Cameron is serious he can do that tomorrow; we could have the election in January and the emergency budget in March.

How about it?

Re: he can force an election tomorrow if he's serious
[info]slaveweknow wrote:
Sunday, 22 November 2009 at 09:49 pm (UTC)
"tory MP's resign en masse tomorrow morning, HM will have to dissolve Parliament - no-one will countenance 1"
both are not interested for the people.
they are working for themselves.
Re: he can force an election tomorrow if he's serious
[info]fulkehunke wrote:
Sunday, 22 November 2009 at 11:24 pm (UTC)
The reason is, and you raise a very good point, we are a two party state. It's one or the other, both are subject to how much tax they can bring in. Of course both are dependent upon the city, and this would be the same even if the Lib Dems got elected,(which is impossible) because the city produces so much tax revenue, driven by banking, insurance and other big business that it's impossible to run the country without it. The masses are scared by stories of the up and coming BNP, but if Ncik griffin became PM tomorrow he would not have enough mps's to fill all the posts. Simply put it would not happen. So it's labour or conservative, both reliant upon big business. We don't live in a particularly volatile world anymore, we could pull out of Afghanistan tomorrow, the only thing we would lose is face. we can defend our own boarders from terrorism. So what are the options, Cameron a career politician, charming,easy on film, and a very savvy politician.vain, PR driven, cosy, soft, warm, and probably smells nice. who it seems will do anything to fulfill his ambition, or Brown, socially awkward, bad tempered, aesthetically rather unpleasing, NOT vain At all, well read, experienced, unpopular, boring, possibly has BO, Intellectual, abrasive, who it seems will do anything to fulfill his destiny.......The choice is ours.
Dave and Gideon
[info]mark4210 wrote:
Sunday, 22 November 2009 at 07:36 pm (UTC)
Will Messrs Cameron and Osborne have to run any budget past James Murdoch first?
Re: Dave and Gideon
[info]slaveweknow wrote:
Sunday, 22 November 2009 at 09:51 pm (UTC)
good Q.
Re: Dave and Gideon
[info]littleglimmer wrote:
Sunday, 22 November 2009 at 11:03 pm (UTC)
They probably have already.
What budget?
[info]chaoseject wrote:
Sunday, 22 November 2009 at 08:31 pm (UTC)
Anyone know what either party is proposing yet?

Thought not.

Sigh...
Why such surprise ? GORDO'S IN CONTROL
[info]caurnie1 wrote:
Sunday, 22 November 2009 at 10:29 pm (UTC)

Why such surprise at the 50 day budget? With the mess that Glorious Global Gordo has made of the

economy then the quicker we get an alternative budget in place the better. As far as this government

is concerned everything is in control, it's just that they need to borrow too much money to keep

in "THEIR" control.
GGG do the country a favour RESIGN and DO IT QUICKLY.
Propoosed Tory budget and growth
[info]shaun127 wrote:
Sunday, 22 November 2009 at 10:43 pm (UTC)
It appears to me that the current finacial crisis was brought about by financial deregulation and an over inflated housing market; both Conservative policies initiated in the 1980s by Mrs Thatcher. True they were continued, and even refined, by Blair and Brown, but would the Conservatives have been less vigorous in implimenting their own political and economic ideology? To some a great extent the answer to that is not as important as what lessons have been learnt from the £850 billion or so they have cost Britain. For the Conservatives party to learn from the disaster would require an ideological voite-face of historic proportions; and one it shows no sign of doing. Labour and the Liberal parties have less distance to traval, but both are beginning to forrm policies are in the right direction.

Ultimately, there are two main issues that should be the subject of the next election, and growth is an important though indirect part of these. They are who coughs-up the £850bn and what this means for the majority of Britain's population and the second is what is being done to stop the same financial disaster from happening again. A deep and sustained recession would give the Conservatives an excuse to introduce some much loved policies: namely cutting back on publically delivered services (not spending as rising unemployement will require additional funding from falling taxrevenues and, anyway, the money will be merely transferred to privately run organisations). This is only a suspicion, based upon former right-wing policies used by the Bush administration. Whereas growth would remove the raisons d' etat for these policies, amongst the populous who would otherwise be hostile to the policy; privatization is hardly popular after the experience of recent decades! Indeed it is private (even individual) unregulated greed that brought this financial disaster upon us. The 'rub' (to borrow from Shakespeare) is that it is likely to be the tax revenues transfered from publically delivered services to private organisations that will help to fund their recent losses. Hence Conservative policy to talk up the recession and their plans to extend its depth and length with a quick emergency budget. To some extent it is to difficult see how they can loose as should their policy work they would be able to say - see how bad Labour did in power.

Remember is was not wayward public service provision that got us into this mess; but, rather, unregulated greed and its its support by today's political classes.
Labour don't create jobs they destroy them
[info]jonnyjaxx wrote:
Sunday, 22 November 2009 at 10:46 pm (UTC)
What a ridiculous claim from Alistair Darling that Labour's policies create jobs - if you create a job in the public sector that job is only sustained by taxing real jobs in the private sector. Since when were Labour ever the party of high growth and high employment ? Treating us like fools as usual ...
Re: Labour don't create jobs they destroy them
[info]littleglimmer wrote:
Sunday, 22 November 2009 at 11:07 pm (UTC)
READ YOUR HISTORY! Compare employment records of the past 50 years' governments.
eg So many jobs were being lost weekly under Thatcher and Major that ITN made a Friday night programme of the latest casualties. Then look at the last ten years. Who is ridiculous now?
More taxes? or less government?
[info]victhebrit wrote:
Sunday, 22 November 2009 at 11:04 pm (UTC)
Mr Cameron seems very intent of being forward looking at keeping "Britain's" best interests at heart. There seems to be a lack of clarity of what he would do or might do. As they say at the investment banks "past results are not necessarily a guide to future changes", this is probably untrue - we've seen hints of what they would do. Be afraid, be very afraid.
Getting the deficit under control
[info]hodgeey wrote:
Sunday, 22 November 2009 at 11:52 pm (UTC)
Cut public spending, stop bailing out criminal bankers, get our troops home, get out of the EU. Easy peasy.
war or peace?
[info]breschinski wrote:
Monday, 23 November 2009 at 11:52 pm (UTC)
Listening to David Cameron comments & budgetary speech today, "that this is the largest deficit ever in peace time", has he some how forgotten that we are presently at war, and have been at war in Afghanistan since October 7, 2001. Between we have also been at war in Iraq.

In his support for this war, has he really taken on board the pain, suffering as well as the cost of supporting such a war? Is this an event that has been happening somewhere else, outside of his personal reality, comprehension. understanding & feeling?

Martin Breschinski

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