National debt and the recession were the focus of David Cameron's speech at LSE this morning (Tuesday 9 December.)
The leader of the opposition condemned the Government for separating its response to the recession and debt - by addressing the first and ignoring the second. By stimulating the economy by borrowing money, the government 'may even make the recession longer and deeper,' he said.
In contrast, he said, the Conservatives would address both together, because 'we believe we need to act now to set our economy and our public finances on a sustainable path - because doing so will help make the recession shorter and shallower.'
'Today I'm calling on the Prime Minister to put the choice in the hands of the people. Let him call an election so that Britain can decide what we want for our economy, more reckless borrowing and spending, or fiscal responsibility, more inefficiency and waste under Labour, or good housekeeping under the Conservatives, an economy built on debt, or a low-tax, low-debt economy that's built to last,' he concluded.
Click here to read the full speech or visit www.lse.ac.uk/resources/podcasts/publicLecturesAndEvents.htm to listen to a podcast.
Following the event Cameron went to Cafe Pepe, one of the School's catering outlets and spoke to a group of students including Katie Lapotin, David Whitaker, Jessica Hagley, Alex Blance, Jonathan Willen, Joe Banin and Roger Lewis.
9 December 2008
The speech was broadcast live on the BBC website and on Sky News and appears on the ITN website. It was also shown on BBC News 24, and reported on local and national BBC radio stations.
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