wot gordon brown plans to do..
“..Gordon Brown today condemned the Conservatives as uncaring and irresponsible for opposing his £16 billion package to save jobs and homes.
Chancellor Alistair Darling will deliver the Government’s pre-budget financial statement in the Commons tomorrow, including a massive fiscal stimulus package intended to re-energise the economy.
A temporary 2.5 per cent cut in the rate of VAT to 15 per cent, which will cost the taxpayer around £10bn, will form the centrepiece of the plans, it is understood. Further tax cuts targeted at families and the least-well-off are also expected
Mr Brown’s plan to borrow more heavily to pay for the stimulus package was heavily criticised by David Cameron today, as the Conservatives resurrected one of their most successful advertising campaigns of the past, to warn voters they face a “tax bombshell” to finance the debt.
But Mr Brown not only defended the package but went on the counter attack, saying:..
..“Those people who say ‘do nothing now’ would leave people, as in the 80s and the 90s, without hope that their mortgage problems could be sorted out, or their jobs problems could be sorted out.
It would be lacking in compassion as well as irresponsible, in my view.”
In an interview on BBC1’s The Politics Show, Mr Brown said that leaders all around the world had agreed on the need for an injection of cash into the economy..”
go to source/story>>Brown attacks Tory ‘lack of compassion’ for opposing tax cuts - Times Online