Proceeding contribution from Lord Baker of Dorking (Conservative) in the House of Lords on Wednesday, 16 December 2009. It occurred during Debate on Pre-Budget Report 2009.
Pre-Budget Report 2009
Although I have not spoken in the debate, I have listened to more than half of it. I think it is generally recognised that there is no Minister better able than the noble Lord, Lord Myners, to defend the Government’s economy strategy, but the economic strategy that he has expounded today is very clearly: no expenditure cuts this year, borrow more, and spend the money on increased benefits as electoral sweeteners. Could that be cynically described as a British Government saying to the British people, "If you lend me a tenner, I will buy you a drink"?
Secondary information
- Type
- Proceeding contribution
- Reference
- 715 c1594
- Session
- 2009-10
- Chamber / Committee
- House of Lords chamber
- Subjects
- Business Banks Borrowing Fiscal policy Government assistance Economic policy National insurance contributions Public expenditure Public sector debt Taxation Economic recession Pre-Budget report 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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