Ed Milibands Labour Manifesto Speech Part Two

The transcript outlines the Labour Party's commitment to fiscal responsibility, emphasizing a triple lock policy that ensures all manifesto policies are funded without additional borrowing. It contrasts Labour's approach with the Conservative Party's unfunded promises, highlighting the potential risks to public services like the NHS. Labour pledges to cut the deficit annually, balance the books, and reduce national debt, presenting a clear distinction from the Conservatives.

What is the first component of Labour's 'triple lock' of responsibility?

• Reducing public services to cut costs

• Borrowing funds for new initiatives

• Increasing taxes to fund new policies

• Ensuring all policies are funded without additional borrowing

How does the Labour Party plan to handle the national debt?

• By ignoring it in favor of new spending

• By maintaining it at the current level

• By ensuring it falls with a surplus on the current budget

• By increasing it annually

What criticism does the Labour Party have of the Conservative Party's spending promises?

• They prioritize public services over fiscal responsibility

• They focus too much on reducing taxes

• They are unfunded and unrealistic

• They are fully funded and realistic

According to the Labour Party, what is a potential consequence of the Conservative Party's approach to funding the NHS?

• A surplus in the national budget

• Improved healthcare services

• Broken promises and higher taxes

• Increased funding for the NHS

What does the Labour Party emphasize as a key difference between them and the Conservative Party?

• Their commitment to unfunded promises

• Their focus on increasing national debt

• Their dedication to keeping financially backed commitments

• Their plan to reduce taxes significantly