BBC experts' verdictpublished at 16:34 British Summer Time 1 October 2014
The BBC's correspondents have been digesting David Cameron's speech, working out what it means for people's lives and politics. Economics editor Robert Peston asks if the PM is going further than Margaret Thatcher in rolling back the state. Political correspondent Ben Wright looks at the messages Mr Cameron is trying to get across before next May's election. And health correspondent Nick Triggle wonders what pledges by Labour and the Conservatives over the NHS will mean in practice.