Fraser Nelson Fraser Nelson

The Tories’ current plans would leave national debt 60% higher than it is today

I had a text a while ago saying “you doing Gordon Brown’s work for him then?” and that was from someone who had not the seen graphic which the News of the World designed to go with my column today. I know many CoffeeHousers will take it as prima facie case of treason, but I’m afraid my sole loyalty is to The Spectator (1828) Party and these things have to be said.

Cameron’s original poster claimed a baby born in Britain is saddled with £17,000 of Brown’s debt. Under the plans the Tories are pursuing – ie, raise spending
regardless of the tax base – this figure would be £27,000 by the end of a Tory government. Cameron is right to campaign on Brown’s debt, but he can’t expect people like me not to point out that his plans would leave national debt at least 60pc higher than it is today (see graph below).

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