UK 2017 General Election - Conservatives May and Hammond economic press conference

The transcript discusses the potential economic chaos that could ensue if Labour's policies were implemented. It highlights the negative impacts on households, including higher taxes, increased mortgage bills, and higher unemployment. The long-term effects include more borrowing, a growing deficit, and financial uncertainty for future generations.

What is the primary concern regarding Labour's policies as mentioned in the video?

• Enhanced educational opportunities

• Improved healthcare services

• Increased international trade

• Economic chaos affecting households

How would Labour's policies affect taxes and mortgage bills?

• They would decrease significantly

• They would remain unchanged

• They would be eliminated

• They would increase

What impact would Labour's policies have on employment?

• Increase in job opportunities

• Higher unemployment rates

• More part-time jobs

• Stable employment levels

What is a potential consequence of increased borrowing as per the video?

• Reversal of previous economic progress

• Improved public services

• Financial stability for future generations

• Reduction in national debt

What financial issue could future generations face due to Labour's policies?

• Decreasing financial uncertainty

• Stable economic conditions

• Increasing financial uncertainty

• Improved economic growth