A Change You Can't Afford

At every turn George Osbourne and David Cameron made the wrong judgements

on tackling the financial crisis.

They are now getting the big judgements wrong on the recovery.

Thanks to the pro-active good judgements of our Labour Government our Country is now embarked on the road to recovery. The Tory proposals would wreck the recovery.

And here's the independently verified proof -


Independent figures this week showed manufacturing bouncing back strongly in February with output rising 1.3 per cent on the month in February, almost twice as fast as economists’ 0.7 per cent forecasts and its fastest pace for five months.


Car figures last week showed a much better than anticipated first quarter in 2010 – with car registrations up by 26.6 per cent from this time last year – helped by the Labour Governments scrappage scheme. Land Rover announced its UK sales in March saw their monthly sales at an all-time record in their home market. Marks and Spencer also announced strong growth in UK sales in the first quarter of 2010.

And the OECD predicted this week that the UK economy will grow at the second fastest rate of the G7 major economies for the second quarter of this year.

But the OECD also stressed that the recovery remains fragile and that policy support should not be removed too fast. Yet this is exactly what the Tories are proposing to do. Not planning a sensible exit for the stimulus, but a rush for the exits.

The Tory plan to take billions out of the economy straight away would choke off recovery before it is secured. And it is all of us who would have to pay the price in lost jobs, lower living standards, and cuts to their services.

George Osbourne is a change you can't afford.