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Proceeding contribution from Charlie Elphicke (Conservative) in the House of Commons on Wednesday, 23 November 2011. It occurred during Opposition day on Economic Growth and Employment.


Economic Growth and Employment

I, too, congratulate the hon. Gentleman on his much-deserved elevation and on his speech, which has been very interesting so far. I put it to him that the Opposition's plan would have been to borrow about £100 billion more than the Government plan to borrow in the current Parliament, which would lead to higher interest rates and push us closer to the situation Italy and Greece find themselves in and to what is happening in the eurozone, which would be irresponsible and reckless.


Secondary information

Type
Proceeding contribution
Reference
536 c322 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Business Banks Finance Economic growth Pay Young people Trade Taxation Unemployment Regional Growth Fund BRIC countries
Link
View this Proceeding contribution on www.publications.parliament.uk