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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.


Government Capital Expenditure

I do not think that that is the right way to approach the problem. There is a great difference between a public investment such as a stadium or sports arena, which provides no return, and a public investment in the form of, say, social housing, which generates a steady stream of income and is justified in economic terms.


Secondary information

Type
Proceeding contribution
Reference
487 c598-9 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk