Former UK Prime Minister David Cameron says it is “selfish” to challenge the government’s austerity measures, amid a heated standoff among the cabinet members of his successor Theresa May over raising public sector wages.
Speaking at the Asia Leadership Conference in Seoul, South Korea, Cameron said Tuesday that it was too soon “to let spending and borrowing rip” in the face of the worries that loom over the country’s economic future.
“The opponents of so-called austerity couch their arguments in a way that make them sound generous and compassionate,” he said. “They seek to paint the supporters of sound finances as selfish, or uncaring. The exact reverse is true.”
“Giving up on sound finances isn’t being generous, it’s being selfish: spending money today that you may need tomorrow,” said the former PM, who stepped down following his unsuccessful bid against leaving the European Union (EU) in last year’s referendum.