Proceeding contribution from Jacob Rees-Mogg (Conservative) in the House of Commons on Tuesday, 6 July 2010. It occurred during Debate on bill on Finance Bill.
Finance Bill
The hon. Gentleman asks the wrong question, for a very straightforward reason. I would happily ask a question back. Can he point to a deeper recession in the history of the United Kingdom? The fact is that recovery rates from very deep recessions are much faster than those from shallower recessions. That is the point that my right hon. Friend the Member for Wokingham (Mr Redwood) made earlier. We get very strong recoveries after a very serious downturn, and the seriousness of the recent downturn goes back to the 1930s, as the right hon. Member for Edinburgh South West (Mr Darling) so rightly pointed out.
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c265
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Poverty Children Corporation tax Exports Excise duties Fuels Private sector Insurance premium tax Economic growth Forecasts Low incomes Pensions Public expenditure Unemployment Rural areas Public sector debt Tax avoidance VAT Resignations Tax evasion Tax burden Building schools for the future programme Office for Budget Responsibility Budd, Alan
- Legislation
- Finance Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-05-06 09:15:24 +0100
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