{"id":332355,"date":"2011-03-23T14:18:49","date_gmt":"2011-03-23T14:18:49","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/"},"modified":"2011-03-23T14:18:49","modified_gmt":"2011-03-23T14:18:49","slug":"cuts-to-blame-for-lower-growth","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/","title":{"rendered":"Cuts ‘to blame for lower growth’"},"content":{"rendered":"

\n \t\t
\n 23 March 2011<\/span>
\nLast updated at <\/span>10:18 ET<\/span>
\n<\/span><\/p>\n


\n<\/p>\n

\n
\n
\n \"Labour<\/p>\n

Please turn on JavaScript.<\/strong> Media requires JavaScript to play.<\/p>\n<\/p><\/div>\n

<\/p><\/div>\n

<\/p>\n

\t\t\t<\/p>\n

Labour leader Ed Miliband: ”It’s the same old Tories”<\/p>\n

\t\t\n <\/div>\n

<\/p>\n

<\/p>\n

Labour leader Ed Miliband says the government has caused the UK economy’s growth rate to fall by going “too far, too fast” in cutting spending.<\/p>\n

In his response to Chancellor George Osborne’s Budget, he said the coalition’s policies were “hurting but not working”.<\/p>\n

The growth forecast was downgraded from 2.1% to 1.7% for this year and from 2.6% to 2.5% for 2012.<\/p>\n

This was not “by chance” but because of “wrong” policies, Mr Miliband said.<\/p>\n

He told MPs that “nobody voted” for the deficit reduction plan brought in by the Conservative-Liberal Democrat coalition government.<\/p>\n

Mr Osborne had said the measures he was unveiling in his first spring Budget would get the UK economy moving again.<\/p>\n

During his hour-long statement, the chancellor scrapped Labour’s fuel duty escalator and cut duty by a further 1p – paid for by a \u00a32bn tax on oil companies.<\/p>\n

But Mr Miliband said: “He’s cut duty by 1p but he’s whacked up VAT on fuel by 3%. Families won’t be fooled. It’s Del Boy economics.”<\/p>\n

Mr Miliband also said: “One fact says it all and he couldn’t bring himself to say it: Growth down last year, this year and next year.<\/p>\n

‘Snooze button’<\/span><\/p>\n

“It’s the same old Tories. It’s hurting, but it isn’t working. Every time he comes to this House his growth forecast is downgraded.<\/p>\n

He added: “It didn’t happen by chance, it happened by choice. His choice – and it’s the wrong choice – to go too far and too fast.”<\/p>\n

Mr Miliband also criticised Nick Clegg, saying: “Let’s not forget these are not just the chancellor’s decisions, these are not just the prime minister’s decisions, they are the deputy prime minister’s decisions too.<\/p>\n

“He is an accomplice to the Tory plans. When it comes to the economy the man who coined the phrase ‘alarm clock Britain’ has the snooze button well and truly on.<\/p>\n

“Nobody voted for this plan, least of all his Liberal Democrat voters – who were told in promise after promise he would never countenance it.”<\/p>\n<\/p><\/div>\n<\/p>\n

<\/p>\n

Read the original here:
\nCuts ‘to blame for lower growth’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

23 March 2011 Last updated at 10:18 ET Please turn on JavaScript. Media requires JavaScript to play. Labour leader Ed Miliband: ”It’s the same old Tories” Labour leader Ed Miliband says the government has caused the UK economy’s growth rate to fall by going “too far, too fast” in cutting spending. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-332355","post","type-post","status-publish","format-standard"],"yoast_head":"\nCuts 'to blame for lower growth' - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cuts 'to blame for lower growth' - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"23 March 2011 Last updated at 10:18 ET Please turn on JavaScript. Media requires JavaScript to play. Labour leader Ed Miliband: ''It's the same old Tories'' Labour leader Ed Miliband says the government has caused the UK economy's growth rate to fall by going "too far, too fast" in cutting spending.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Cuts ‘to blame for lower growth’\",\"datePublished\":\"2011-03-23T14:18:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\"},\"wordCount\":388,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\",\"name\":\"Cuts 'to blame for lower growth' - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg\",\"datePublished\":\"2011-03-23T14:18:49+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage\",\"url\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg\",\"contentUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cuts 'to blame for lower growth' - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/","twitter_card":"summary_large_image","twitter_title":"Cuts 'to blame for lower growth' - Ghanamma.com","twitter_description":"23 March 2011 Last updated at 10:18 ET Please turn on JavaScript. Media requires JavaScript to play. Labour leader Ed Miliband: ''It's the same old Tories'' Labour leader Ed Miliband says the government has caused the UK economy's growth rate to fall by going \"too far, too fast\" in cutting spending.","twitter_image":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/"},"author":{"name":"","@id":""},"headline":"Cuts ‘to blame for lower growth’","datePublished":"2011-03-23T14:18:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/"},"wordCount":388,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/","url":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/","name":"Cuts 'to blame for lower growth' - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg","datePublished":"2011-03-23T14:18:49+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/03\/23\/cuts-to-blame-for-lower-growth\/#primaryimage","url":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg","contentUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/b0633601685_edmilib.jpg.jpg"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/332355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=332355"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/332355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=332355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=332355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=332355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}