On the doorsteps, and sometimes on this site, I get asked what would the Conservatives do about the economic problems?
David Cameron yesterday said ” We will never forget there is no such thing as government money. It is taxpayers’ money – your money”. He pledged to root out waste, get better value, and concentrate spending on the important areas. He wishes to start cutting the deficit as soon as possible if elected.
The Conservatives are – amongst other things – pledged to abolish ID cards, centralised computer projects, and English regional Assemblies and RDAs. They have said they intend to cut the overhead and administrative costs of Whitehall and quangoland by one third, impose a pay freeze for all but the lowest paid throughout the public sector in 2011, limit top public sector pensions, cut Ministerial pay by 5% and then freeze it, cut the number of MPs and Spin doctors, cut the government advertising budget, cut regulatory costs through regulatory budgets, cut the overhead and supervision of Town Hall from Whitehall and scrap Comprehensive Area Assessments. They would require Town Halls to list all items of spending over £500, and to list all senior staff earning about £58,500 a year with full details of their total package. They will move to a higher pension age for all.
Recognising the need to cut taxes on enterprise and jobs, they have said they will cut the Standard rate of Corporation Tax to 25% from 28%, the smaller company rate from 22% to 20%, abolish NI on the first ten jobs created by a new business for two years,and make further cuts in NI a priority. They would seek a two year freeze on Council Tax. They would reform welfare to provide better incentives to work.