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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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Bigs
Borrowing
Helping
Borrowed
Problem
Housing
Country
Debt
Much
Deal
Binge
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People
Went
Debts
More quotes by George Osborne
If we don't get a grip on government spending, there will be no growth.
George Osborne
What makes people angry and we are on the side of hard-working people who want to get on in life and they see how government is wasting their money.
George Osborne
A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.
George Osborne
Put on top of that the fact that the whole world is looking at Britain and saying how is this country going to pay its way in the future. They are looking at other countries like Greece who can't pay their way in the future and you see savage spending cuts, big cuts in pay.
George Osborne
We need a coalition in this country. A coalition of change. People who have had enough of this.
George Osborne
I very much support financial education in schools.
George Osborne
I think we woefully failed to connect Britain to the growing Chinese economy in the previous decade, and I have sought to remedy that. China is now the sixth biggest trading partner with the UK. We have attracted now the lion's share of Chinese investment that is going into Europe.
George Osborne
One big theme for me is that we have got to move from an economy built on debt to one where we save and invest in the future.
George Osborne
I'm fed up with Britain being condemned to this future where we borrow the Chinese in order to buy from the Chinese the things that they make for us.
George Osborne
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.
George Osborne
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.
George Osborne
The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.
George Osborne
What's interesting is whilst Shanghai has gone stellar - literally, in these massive buildings which have appeared since I first visited - Beijing has become a much more vibrant and interesting place. A lot more business is done here.
George Osborne
British taxpayers should not bear the costs of problems in the Eurozone.
George Osborne
You need to have a state pension that doesn't drag more and more people into means-testing each year and make it very difficult for people on low to medium term incomes to save and not see their savings clawed away.
George Osborne
Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.
George Osborne
There are plenty of people who don't want change - the Labour Party, some of their militant trade union friends like Unite busy causing strikes at the very beginning of a fragile recovery.
George Osborne
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.
George Osborne
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.
George Osborne
You cannot tackle Britain's debts without tackling the unreformed welfare system.
George Osborne
