The implication being that this would be done over the short-term, perhaps for a year, in order to create a period of adjustment. No-one's pretending that it's nice to come in early and cut public expenditure quickly, but the emerging situation demanded it. Hence, the policy was dropped.(Original post by GiddensFTW)
George Osborne and David Cameron repeatedly go on about the "inherited mess" that Labour left behind due to their reckless overspending. Yet, a few years ago Osborne said the Conservatives were pledging to match Labour's spending or spend the same amount.
Anyway, in 2003, Labour was accusing the Tories of planning "cutting public spending by 20 per cent across the board".
Now I'm moving to his city