Iron Discipline? No, it's the same old Labour

As Labour's conference begins the Conservatives have pointed out that their promises of fiscal discipline completely fail to reflect reality.

As they point out on the Share The Facts website at http://sharethefacts.conservatives.com/,


"On 3rd June this year, Ed Balls said that the Labour Party would need to show ‘an iron discipline’ on public spending. Ed Miliband followed up in a speech three days later: ‘The next Labour government will have less money to spend…we will have to be laser focused on how we spend every single pound’.

"Tough words, but not followed up with tough action. Since 3rd June, Labour’s frontbench have made policy commitments that would cost the country £27.9 billion in 2015/16 (read the dossier that proves the figures here).

"This is the equivalent of £1,059 additional borrowing for every household.

"Nothing has changed – it is the same old Labour Party, offering only more spending, more borrowing and more debt.

"It’s the kind of something for nothing economics that got us into a mess in the first place and it is hardworking people who would pay the price with higher taxes, higher mortgage rates and higher bills.

"Tell everyone you know about Labour’s plans by sharing the graphic below."



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