Ten reasons to hate the Tories (7)

Point 7 from Cameron's Blueprint for Britain was this:

"We will get to grips with national debt and public spending, to keep interest rates lower for longer and boost investment - this is vital for recovery."

Woah! "National debt" = tax revenues minus public spending.

If you cast your eye up and down their blueprint, and do a bit of research into what they really mean, you'll note that points 2 (see here), 4 (see here), 5 (see here), 6 ("rewarding families") and 8 ("Our NHS is special so we will protect its budget") suggest increases in public spending. They also say that they will freeze Council Tax (point 1) and reduce Corporation Tax and "reform" (i.e. reduce ) Inheritance Tax (point 6). So, having made it clear they will not reduce overall spending and want to reduce two of the 'least bad' taxes (Council Tax and corporation tax), that must mean that they will go along with Labour's proposed increases in the really bad stealth taxes (VAT, Employer's National Insurance, the 50% top rate in income tax etc, and then come up with other tax rises of their own).

Or have I missed something? And, even assuming that I have missed something and they really mean to reduce the national debt, why do they think it's important? Ah, it's ..."to keep interest rates lower for longer and boost investment - this is vital for recovery."

In other words keep the property price bubble as inflated as possible for as long as possible. Not much of an ambition, really.