Tuesday 30 June 2009

David Cameron is right about spending

Mr Cameron is completely right. I must admit, that isn't something I say all that often. But in this case he is one hundred per cent absolutely correct. What has led to this?

Well, this headline in the Telegraph (http://www.telegraph.co.uk/news/newstopics/politics/5690836/Deceit-over-cuts-wil-lead-to-riots-says-David-Cameron.html):

'Deceit over cuts will lead to riots', says David Cameron

Basically, Cameron is arguing that spending cuts are necessary (an idea that most reasonable people accept - the British budget deficit is massive, and the country faces losing a credit rating notch, which would be a fiscal disaster). However, he is taking the argument further today, claiming that an attempt by Labour to go into the next election with a manifesto that promised spending would stay the same or increase would make the inevitable cuts much more politically painful. Up to the point, claims Cameron, where people would riot in the streets and lose what little respect they have left for the political class.

Cameron is correct (although maybe overdoing it a bit with the whole riots thing). If Labour try to pretend that they will not have to cut spending during the election campaign (which they are still brazenly doing), then when they inevitably have to cut spending to fill the gigantic hole they have dug for themselves (unless they plan to go back to the 1970's of confiscatory taxes) it will be a final nail in the coffin of respect for Parliament, Government and the political system. It is betrayals like this that permit extremist parties access to mainstream people, and more importantly, their vote.

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