Cuts as the “foundation” for growth

  • David Cameron 2012 Tory Party conference speech – politics.co.uk, 10 Oct 2012
  • IMF: Cuts hurt growth more than expected – Left Foot Forward, 9 Oct 2012

In his 2012 Tory Party conference speech, David Cameron said:

“Our deficit reduction plan is not an alternative to a growth plan: it’s the very foundation of our growth plan.”

However, only yesterday, an IMF report found the coalition’s cuts had hurt growth more than expected.

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