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There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time.

George Osborne

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George Osborne
Age: 53
Born: 1971
Born: May 23
British Politician
Economist
Historian
Journalist
Politician
Writer
George Gideon Oliver Osborne
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Borrowing
Helping
Borrowed
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Housing
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Debt
Much
Deal
Binge
Time
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Leverage
People
Went
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I believe that I'm entitled to regard my pre-political life as off-limits in terms of what can be looked at and judged.
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There are those people who don't want change. Well there needs to be a coalition for change amongst the hard-working mainstream majority of the country to crack on and sort out Britain's problems.
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Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep.
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I think it is absolutely central to our economic plan as a country not only that we put our own house in order but that we better connect ourselves with other parts of the world, particularly the faster growing parts of the world.
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Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.
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The positive news is that the British economy is continuing to grow and is creating jobs. And it is positive news too that at a time of real international instability we are a safe haven in the storm.
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The Conservative Party mustn't sound like the old man on the park bench who says things were better in 1985, or 1955, or 1855.
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Tax cuts should be for life, not just for Christmas.
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Britain has no divine right to be one of the richest countries in the world.
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If we don't get a grip on government spending, there will be no growth.
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Britain is China's best partner in the West.
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I want Britain to be a global financial centre but I want it to be properly regulated.
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Britain should not be forced to make a choice between joining the single currency and leaving the EU, because if we're forced to make that choice we would leave the EU.
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I'm not saying job done but I am actually pretty confident that Britain can be one of the biggest winners from these big global changes that are taking place and indeed become the richest of the major economies in the world in this coming generation.
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I reject absolutely the idea that people should know their place, and know their class.
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I did meet Mickey Mouse in California, and he seems to be writing the Labour party's economic policy at the moment.
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I believe in public services.
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