Alistair Darling, Chancellor of the Exchequer, speech to The Labour Party Conference 2009

The transcript discusses the importance of government intervention during economic downturns, emphasizing values of opportunity and social justice. It highlights the global rise in debt due to decreased tax revenues during the recession and argues that borrowing was necessary to prevent a depression. The text stresses the need for responsible actions once recovery is achieved to ensure sustainable economic management.

What does the text suggest about the relationship between increased debt and welfare bills?

What actions does the text propose should be taken once recovery is secured?