Tory plans to cut 'further and faster' would wreck recovery and roll back Labour's many successesThe choice we make at the general election in 2010 will define the future of our country for the next 10 to 20 years. It is a choice between two competing visions: David Cameron's vision of a decade of austerity in which the
UK would fail to make the most of its potential and inevitably fall behind the performance of other countries; or our vision of building a fair and just society with growth guaranteeing jobs and opportunity for every business and family. It is a contrast between a pessimistic outlook, lacking ambition, and one of confidence and optimism.The last 18 months have been difficult for every country in the world, ours included. But the steps we have taken – and which have been opposed by the Tories at every turn – are working. We must now build on that: to take the tough decisions needed to cut our borrowing over the next four years while supporting growth and doing nothing to damage the economic or social fabric of the country.It is imperative to secure growth and to seize the opportunities of an improving world economy. We are well placed. Many of our industries are world leaders. We have a good record of innovation backed by world-class universities and a tax system that backs research and development. We need to capitalise on them. It is where the jobs of the future will come from and we must not put that at risk.Throughout the last year we took the tough decisions needed to stabilise the banking system and support families and businesses. Most importantly we kept more people in work – unemployment is lower than in
France, Spain and the US – and helped more people stay in their homes than many thought possible. We've stabilised the economy, and the economy will return to growth this year.And to demonstrate our determination to live within our means I will present legislation to the Commons next week which will set out how we'll halve the ...
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