I guess he will have to explain either:

1) Why he has cut 2% rather than 1%
or
2) Why he has not cut at all

If it was just 1% there would be no need for a press conference - would there?

Here comes the start of easing the nation into the reasons why we may have no alternative but to think about selling off the remainder of our state owned asssts to address our current account balance or we will face even more sanctions from the central banking conglomerate. This will of corse lead to the imminent National Party Executive renege of all that they campaigned because the worsening economic situation now gives us "no choice".
Those with sufficient knowledge of international banking practice know that there is a real tried and tested successful choice in that of a debt free based public money system. The selling of our necessities of life either wholely or partly via Public Private Partnerships is selling our sovereignty and our citizenship into servitude.

Who cares what he says, he hasn't a clue what he is talking about. His last statement was that the recession was over - yeah right!

I said here comes the start of easing the nations into the reasons why.

Did you happen to catch the reporting of the state of the nations books today also.
"The situation has deteriated even worse than we expected"

Dont worry Richard. I dont think to many here would argue that I can produce the proof of pre-empting much of the financial ructions of late.
Do enough study and you soon realise its not any great accomplishment to predict something that has happened over and over.

History has been chapter after chapter of the slaveminded few conspiring to exploit the many. I don't think its just going to stop because you say so Richard.