David Cameron Launches Conservative Manifesto In Nottingham

The video discusses the responsibility of the current generation to manage debts and live within means. It outlines five conservative commitments to reduce the deficit and achieve a budget surplus. The Charter of Budget Responsibility aims to reduce debt as a share of GDP by 2016-2017. Plans include reducing government spending by 1% and eliminating the budget deficit by 2018, leading to a surplus for the first time in 18 years. The video emphasizes the importance of economic growth and responsible financial management.

What is the primary reason the speaker gives for acting responsibly with the budget?

• To avoid international criticism

• To reduce taxes immediately

• To increase government spending

• To ensure future generations have a better life

By what year does the speaker aim to have the debt falling as a share of GDP?

• 2015

• 2016

• 2017

• 2018

What percentage reduction in government spending is proposed?

• 1%

• 5%

• 2%

• 10%

What is the ultimate goal for the budget by 2018 according to the speaker?

• To balance the budget without surplus

• To increase the deficit

• To run a budget surplus

• To maintain the current deficit

What metaphor does the speaker use to describe paying down debts?

• Fixing the roof while the sun is shining

• Sailing a ship

• Building a house

• Planting a tree