The Chancellor George Osborne said Ed Miliband had failed to set out
a credible economic plan and that no one would be fooled by it.
But whilst Labour's ability to provide
a credible economic plan for Britain's future is undoubtedly the threshold that must be met for it to be taken seriously by the electorate, it is not sufficient to provide a powerful vision of our collective future.
«You can't have a viable restructuring without
a credible economic plan and a government with the commitment and competence to execute it,» said Walker, who advised on Greece's restructuring while working at Lazard.
Not exact matches
But is this the right budget for the current
economic circumstances and is the
plan to eliminate the deficit in 2015 - 16
credible?
They illustrate how difficult it is to translate the
economic planning assumptions into
credible fiscal projections for budget
planning purposes.
The
economic case for the new line just isn't
credible and ministers still aren't being honest about the hidden costs, or the consequences for towns getting a worse service and passengers paying higher fares under their current
plans.
Following the publication of figures in October 2011 showing that unemployment had risen to 2.57 million, the leader of the Opposition, Ed Miliband, argued that as the Prime Minister had «justified his
economic policy» by saying unemployment would fall «this year, next year and the year after», he must now «change course so that he has a
credible plan to get people back to work in this country.»
And these forecasts demonstrate that a
credible plan to cut our budget deficit goes hand in hand with a steady and sustained
economic recovery, with low inflation and falling unemployment.
In his resignation letter, he accused the prime minister of «allying with UKIP and the Tory hard right to wrench Britain out of the key
economic and political institutions of modern Europe», saying the UK was «hurtling towards the EU's emergency exit with no
credible plan for the future of British trade and European co-operation».
The Conservative chair of the Treasury committee, Andrew Tyrie, echoed Labour leader Ed Miliband this Saturday when he said there was no «coherent and
credible plan for the long - term
economic growth rate of the UK economy».
After briefing the parliamentary party, I gave a statement to the Press waiting in Westminster Hall but stuck by the usual line about the importance of any agreement delivering «
economic stability and a
credible deficit reduction
plan».
Mr Deputy Speaker, it is the central plank of our
economic plan that a tough and
credible fiscal policy creates the space for an active monetary policy.
«Jesse Norman MP: Compass»
PLAN B shows Labour is still woefully short of
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Despite the anxiety in the markets and the downside risk to the world's
economic growth entwined in the European debt crisis, I remain of the view that a
credible plan to stem the debt crisis in Europe has just begun and that European and global leaders and central bankers will all come to their senses and intervene in a massive way.