In this instance you are pretty much correct
but they are implicitly promising to make everything better long-term by rasing VAT and the like. Failure to deliver either a stable economy or, in lieu of the above, flying cars like Back to the Future promised us we'd have by 2015 constitutes a breach of this unspoken agreement.
(Darth Foxtrot A one-man army dedicated to making fetch happen, Wed 29 Dec 2010, 14:23, 1 reply, 15 years ago)

Again stressing I do not endorse any of the blighters,
it seems likely their measures should reduce the deficit somewhat, shouldn't they?
( Monty Boyce, My cheese game is strong, Wed 29 Dec 2010, 14:25, Reply)

Absolutely they should
Otherwise more people than just students would be up in arms about the cuts, the idea being that we let them butcher our wallets now, short-term, for greater long-term prosperity. So unless all the money saved has gone on flying cars, they'd better fucking well sort it, like.

This is a phenomenally potted and borderline-ignorant version of events, as if you couldn't tell. If you want to know the real intricacies, ask Amberl (Tory) or BelladonnaAnodyne (not so much)
(Darth Foxtrot A one-man army dedicated to making fetch happen, Wed 29 Dec 2010, 14:33, Reply)