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There is nothing selective about the word no. That is what the shadow Home Secretary said when he was asked whether he could guarantee that there would be no cuts in police numbers. Let us remember why we are here. We have a £155 billion budget deficit. The Labour party went into the last election promising 50% cuts in capital spending and 20% cuts in departmental spending. We are clearing up the mess that Labour made. I sat at the G20 table last weekend and, looking round the table, thought, "Who's got the biggest budget deficit? Is it Brazil? No. Is it Spain? No. Is it Argentina? No." Labour left us in a situation where we get lectured by Argentina on the state of our budget deficit.
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