George Osborne, Shadow Chancellor, speech to The Conservative Party Conference 2009

The transcript discusses Conservative policies, including a state pension increase funded by raising the pension age and a public sector pay freeze excluding the lowest paid to protect jobs. It emphasizes the necessity of these choices to address Britain's debt crisis and prevent higher interest rates and unemployment, stressing that these are unavoidable decisions and that everyone is in this together.

What does the speaker imply about the consequences of avoiding the choices presented?

In what way does the speaker suggest that 'we are all in this together'?