Proceeding contribution from Greg Hands (Conservative) in the House of Commons on Thursday, 7 January 2010. It occurred during Debate on Pre-Budget Report.
Pre-Budget Report
Surely the right hon. Gentleman must realise, first, that our indebtedness is rising incredibly quickly, which is in itself a cause for alarm; and secondly, that the savings rate in countries such as Italy and Japan, as opposed to our utterly anaemic domestic rate, makes that comparison a very difficult one. If we had the savings ratio of Japan or Italy, perhaps we would not be as alarmed as we all are and should be.
Secondary information
- Type
- Proceeding contribution
- Reference
- 503 c348
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Budgets Economic situation Forecasts Public expenditure Taxation Economic recession Pre-Budget report 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-01-23 21:04:41 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_605256
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