The Lib Dems were right about the financial crisis, and have a clear vision to get out of recession
March 14, 2010 12:13 AM
Liberal Democrat deputy leader Vince Cable (left) with leader Nick Clegg
Lib Dem Treasury spokesman Vince Cable MP said today: "We the Liberal Democrats were right about the financial crisis. We warned of the dangers and led the debate when the crisis came. And now we have a clear vision for the future of the British economy. Now the public wants to know who can guide the country out of the present crisis. Who's going to deal with the broken, discredited banking system. Who's going to lead Britain out of the longest recession since the War. And who will deal with the unsustainable level of Government borrowing."
The speech, to the Liberal Democrat's spring conference in Birmingham can be read it at:
Mr Cable said: "The challenges are enormous. We have to be frank with people about the difficulties ahead. We have to be fiscally responsible. But the Tories and their cronies want to create a financial panic to frighten people into voting for them on May 6th. Only the Liberal Democrats have identified £15bn of savings to make from bloated bureaucracy and unaffordable commitments. We will identify our priorities and debate them publicly. That's open, democratic and Liberal. Only the Liberal Democrats will invest in jobs with a Green New Deal. Only the Liberal Democrats will change our unfair tax system so that 3.6 million people will no longer pay any income tax at all. Pensioners will be £100 better off and the average person's income tax bill will be cut by £700.
"People are desperate to see the back of this Labour Government. But they don't want the same old Tories. And make no mistake, the Tories are exactly the same."
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