Thursday October 1, 2020

A giveaway budget and the virtues of austerity

Michael Noonan will produce something very like George Osborne’s election budget

22nd March, 2015
George Osborne with his pre-election budget Picture: Bloomberg

“Five years ago the deficit was out of control. Today as a share of national income it is down by more than half.”

“Five years ago we were bailing out the banks. Today I can tell the House: we’re selling more bank shares and getting the taxpayers’ money back.”

“We set out a plan. That plan is working.”

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