Proceeding contribution from John Hayes (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
The hon. Gentleman is making a studious argument and he is right. Does he accept that growth over the last 12 years was predicated on two bases—first, borrowing, both Government and personal; and, secondly, state or Government spending—and given that neither will apply, the economy cannot possibly bounce out of the recession in the way the hon. Gentleman describes?
Secondary information
- Type
- Proceeding contribution
- Reference
- 491 c443
- 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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- 2026-02-25 14:55:16 +0000
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