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"I want to make the figures completely transparent"
I am changing the way I calculate my targets to make it harder to see I've missed them.

 

 

"We have a better than 50% chance of eliminating the structural current deficit in five years' time"
We will not have eliminated the deficit in five years' time.

 

 

"We do not meet the supplementary objective"
The National Debt will continue to rise.

 

 

"We are not taking that road to ruin"
We're taking another road.

 

 

"I'm switching current savings into capital"
A small U-Turn — but old news.

 

 

"Our country's pension funds will launch their new independent infrastructure investment platform"
A new quango that will let the Treasury raid your pension.

 

 

"The replacement for the discredited PFI"
We are re-naming the discredited PFI.

 

 

"Savings from Whitehall are not enough to tackle our debts"
The National Debt will continue to rise.

 

 

"Fair share of taxes"
Higher taxation.

 

 

"Aggressive tax avoidance"
Paying only tax you're actually obliged to pay.

 

 

"I want to help the great majority of savers"
A minority of savers will get a real kicking.

 

 

"A welfare system that Britain can afford"
A welfare system that Britain cannot afford.

 

 

"We will apply a similar approach to the uprating of tax thresholds as we have to welfare."
Higher taxation.

 

 

"Michael Heseltine's report has captured the imagination of all political parties."
Michael Heseltine's report is grandstanding self-publicity.

 

 

"A single Office for Unconventional Gas"
A new quango with a silly name.

 

 

"Forcing energy companies to move families onto the lowest tariffs."
Cheap populism.

 

 

"£10 billion worth of guarantees for housing"
Cheap and irrelevant populism. 

 

 

"No 3-pence fuel tax rise"
Expensive populism.

 

 

"We're all in this together."
The National Debt will continue to rise.

 

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