Local MP Caroline Dinenage has warned that Ed Miliband's Labour Party would put at risk all the hard work to turn the economy around in Gosport after new research was published showing Ed Miliband's Party would borrow £20.7 billion more in 2015/16 – £1,200 for every working household in Gosport.
The published research is an objective, thorough and detailed cost analysis of policies that Labour's frontbench spokesmen have already announced for 2015/16 using official Treasury costings and public sources. It shows that Ed Miliband's Labour Party still wants to spend and borrow more – putting at risk all the recent progress in Gosport just as increased uncertainty in the international economy shows the need to stick with the Conservatives' long-term plan to build a stronger and healthier economy.
Commenting on the latest research, Caroline said:
"Ed Miliband's Labour Party haven't learned their lesson. With just four months until a crucial election, we've now found out they still want to spend, borrow and tax more – borrowing an extra £1,200 for every working household in Gosport
It hasn't been easy, but with local businesses growing and jobs being created, the economy in Gosport is getting stronger. Unemployment has halved in Gosport since 2010; Labour would risk all that progress with more borrowing and return us to economic chaos. Just as the global economy is struggling with the Eurozone teetering on the brink of a possible third recession, we need to stick with the Conservatives' long-term economic plan that is helping turn our country around."
The cost analysis of Labour policy is available here - http://betterfutu.re/labourcostanalysis