Source of quote: Aaron JamesUnfortunately this isn’t todays news story. David Cameron said this back in 2002 in an article piece for the Guardian news paper.

See for yourself:

After the recession of 1989 to 1992 we had to raise taxes because the budget deficit reached dangerous proportions. The alternative of slashing spending and cutting benefits would have been inhuman.

As the image says, he is damned by is own words.

Also see:

  1. The Deficit Myth
  2. Government Debt and Deficits in Charts

  3. Counter the austerity myths
  4. Debt ratios from , Director, National Institute of Economic and Social Research. Previously, Chief Economist at the UK Cabinet Office. Regular commentator on UK macro and microeconomic policy. (The exchange he mentions in his blog entry here is pretty damning for the politician involved and shows the dirty tactics they are employing to validate their aims to remove the state.)

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