Nick Clegg Launches The Liberal Democrats Election Economic Plan

The video discusses the economic recovery since the 2008 crash, highlighting the role of the Liberal Democrats in shaping policies that have led to growth, employment, and low inflation. It emphasizes the importance of a strong economy built on solid foundations and fair policies. The speaker outlines future goals to eliminate the budget deficit by 2017-18 and reduce debt as a share of GDP by 2016-17, stressing the need for a balanced approach to ensure sustainable recovery.

What factors are credited with the economic recovery since the 2008 crash?

• Liberal Democrat policies

• Higher interest rates

• Reduced exports

• Increased government spending

Why is a strong economy considered essential for society?

• It allows for more government control

• It provides a foundation for opportunities

• It reduces the need for taxes

• It increases inflation

How did the government aim to tackle the deficit fairly?

• By lowering interest rates

• By reducing foreign aid

• By increasing taxes on the wealthy

• By cutting public services

What is the target year for eliminating the structural budget deficit?

• 2015-16

• 2016-17

• 2018-19

• 2017-18

What risk is associated with achieving deficit reduction goals too quickly?

• Increased inflation

• Threatening the economic recovery

• Higher unemployment

• Decreased foreign investment