Proceeding contribution from Iain Duncan Smith (Conservative) in the House of Commons on Wednesday, 30 November 2011. It occurred during Opposition day on Living Standards.
Living Standards
The reality, as the OBR and the Institute for Fiscal Studies make very clear, is that you cannot borrow your way out of a debt crisis. I know that Opposition Members are indulging in voodoo economics—a fake religion—but almost every economist abroad and at home says that you cannot borrow your way out of a debt crisis.
Secondary information
- Type
- Proceeding contribution
- Reference
- 536 c987
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Children Disadvantaged Benefits rules Women Families Economic situation Personal income Low incomes Poverty Public expenditure Low pay Public finance Welfare tax credits Taxation Unemployment Standard of living Cuts
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 19:52:24 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_790821
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