That wasn't a promise it was an admission
'immediate danger' - your employment contracted job only safe for the next 20 seconds.
The economy is imploding left right and centre, and the more made unemployed, out of employment contract, the further down it goes. Where it stops, nobody knows :)
All that we do know, is as soon as there is any recovery the taxes are going to go sky high in the UK, it will be a couple of generations in poverty, and that's because the Labour Government did not cut back on public spending early enough, impoverishing all the voters.
They will be cutting the Public sector soon though, they just don't have enough money and no one is lending at such a low rate.