Labour is trying to borrow its way out of debt & pulling us deeper into trouble
The Labour Government is doing the equivalent of taking out credit cards to pay the interest on Britain’s existing loans. It’s madness.
TL;DR
- Labour has increased borrowing by £170 billion since entering government, leading to a national debt higher than at any point since the 1960s.
- The Conservatives propose cutting spending and the deficit, with plans to find over £70 billion in savings.
- The article criticizes Labour's perceived neglect of defense spending and proposes tax cuts, including for the under-25s and business rates.
- Unemployment has increased under Labour, with graduates finding it harder to get jobs and vacancies at their lowest level in 12 years.