Proceeding contribution from Baroness Browning (Conservative) in the House of Commons on Thursday, 23 April 2009. It occurred during Budget debate on Amendment of the law.
Amendment of the law
I am grateful to my hon. Friend for that. I know that the all-party group on park home owners has made representations to Ministers on those issues. We are talking about low-cost initiatives that would make a difference. They would not necessarily affect the Treasury figures—particularly not the changes to the regulations that I asked for—but would certainly help a lot of people. They might encourage more people to buy and live in park homes at a time when low-cost housing is absolutely essential. I started on the subject of debt, and I will finish on the subject of debt, but I shall move from personal debt to the national debt. I referred to the fact that I am a baby boomer, born in 1946. I still have an identity card, and I remember when rationing ended for sweets. I have lived through the Attlee, Wilson, Callaghan, Blair and Brown Governments, and as my right hon. Friend the Leader of the Opposition said yesterday in the Budget debate, we always end up with the same situation at the end of a Labour Government. They leave the country bust. Nothing in the Budget, or in what has been said in the debate so far, makes me think that the situation will be any less serious when it comes to the inheritance left by this Government; in fact, it will be a great deal more serious. I mentioned the generation of those who are 80 and over, and I mentioned the savings culture. There is a culture in the British spirit that says that when we are up against it, we will go without certain items to make sure that we get things right. We saw that in the wartime spirit in the second world war, and we have seen it on other occasions. The British public are intelligent enough and tough enough to know that we are going into a period of great austerity. They want honesty from their politicians and their Government. If there are difficult choices to make, they want to see those choices clearly laid before them. Yesterday's Budget was dishonest. It deferred until after the general election a lot of tax cuts and swingeing impositions on people who are not the wealthiest in the country. The Government may argue, "It's until the downturn picks up," but nobody believes that the downturn will pick up by the end of this year, and we have heard all the independent evidence that corroborates the view that it will not pick up. None the less, I think that people will understand it if politicians stand up and say to them, "No, sorry, we cannot afford it," or "Yes, it is our intention to do or provide certain things with your taxes, but because of the situation that we are in, the imperative must be to get the economy of this country back on to a stable footing." We are old enough to know what happens if we do not. If we do not get the economy back on to a stable footing and we go into a period of what I would describe as funny money, in which the whole economy collapses and the currency is a paper currency only, that will a very serious situation. It is about time that the Government treated the British population as grown-ups. Instead of kicking things into the long grass when action is needed now, the Government should grasp the problem, which is with us today and will be with us for a very long time. The Financial Secretary is a reasonable and honest man, so I am sorry to have to direct these remarks to him rather than to some of his colleagues. None the less, both he and I understand what collective responsibility means. The Government are leaving it far too late to take the right action to restore the economy of this country and that is a grave disservice to the British people. They have been through trials and tribulations in their history and they will not baulk at understanding that we are in a serious situation that calls for serious measures. The Government must rethink what they have told the House over the past 24 hours, because it will clearly not solve the problems.
Secondary information
- Type
- Proceeding contribution
- Reference
- 491 c429-30
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Debts Banks Credit Budgets Finance Financial institutions Economic situation Economic growth Forecasts National income Public expenditure Loans Regulation Economic recession Taxation Budget April 2009 World economy
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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