in the private sector there will be shrinkage, surely.

Thus meaning that jobs lost due to cuts will not be replaced.

Also tax revenues will decrease.

So what is his plan for when the growth that he needs does not happen?

Is there a plan?

Or is he just relying on being able to use the excuse 'due to the harsher than expected economic situation' the growth that we expected never happened" (although no one seriously expects the private sector to 'grow enough' to ensure that the increased tax revenue (that he talks about) actually manages to materialise