Monday, 9 March 2015

AN ECONOMIC CHOICE OF 'BAD' OR 'WORSE'?

Plaid Cymru has rightly accused Labour's Shadow Chancellor Ed Balls of hypocrisy following his attack on Tory spending plans in the next parliament. Mr Balls rounded on the Conservative Party during a speech earlier today in which he accused them of planning £70bn of cuts to public services should they form the next government. This comes just weeks after Labour MPs marched through the voting lobbies with Tory MPs in favour of at least a further £30bn more cuts over the next five years.

Plaid Cymru Treasury spokesperson, Jonathan Edwards MP, said:

"It is clear that the Westminster parties' economic plans boil down to a false choice between bad or worse.

"Wales has already suffered enough as a result of austerity. The people of our nation deserve a true alternative to this race to the bottom between Labour and the Tories.

"Only a few weeks ago, Mr Balls' alongside his colleagues in the Labour party marched through the voting lobbies with Tory MPs to vote in favour of at least a further £30bn cuts to public services. 

"Welsh communities cannot take any more. Our public services are buckling due to underfunding by the UK Government and mismanagement by the Labour government in Cardiff.

"We urgently need a change of direction. Austerity has failed on its own terms and it is high time to invest for growth.

"Tomorrow, Plaid Cymru will be outlining our fiscal envelope for the next Parliament.

"We must rebalance the economy, invest in infrastructure, and make radical changes to the labour market to put more money into people's pockets.

"Only a vote for Plaid Cymru on May 7th will ensure that there are MPs from Wales who speak up for our communities and against Westminster's destructive cuts agenda, supported by Labour and the Tories alike."

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