"We campaigned on the fact that we were going to have to take difficult decisions because of the state of the public finances. When we got into government we discovered that actually the public finances were in an even worse state than we thought"

Theresa May is describing the state of the public financial resources when her celebration was campaigning for office. She is stating that they understood they would need to make tough choices to deal with the monetary circumstance, however when they entered federal government they found that the scenario was even worse than they had actually anticipated. This implies that the previous federal government had actually not been sincere about the state of the general public financial resources, which the brand-new government was going to need to take much more drastic measures to deal with the issue. This quote highlights the significance of transparency and honesty in government, and the requirement for federal governments to be prepared to take hard choices in order to make sure the long-lasting stability of the general public finances.