7. 7. Welsh Conservatives Debate: Borrowing and the Economy

Part of the debate – in the Senedd at 5:08 pm on 10 May 2017.

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Photo of Nick Ramsay Nick Ramsay Conservative 5:08, 10 May 2017

Thanks, Neil Hamilton, for giving way. And you’re quite right to say that the national debt has, of course, increased since 2010, but it’s the deficit that was the point. The deficit has been reduced, and the Chancellor George Osborne was always honest about the fact that it would take a long time to turn this supertanker around. You can’t do it overnight, unless you wanted to cause massive damage to the economy.