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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

It is well worth reflecting on the fact that the previous Government's debt cannot be detached from their deficit. In case the hon. Gentleman does not understand it, I will explain that what they did was ratchet up spending before the recession began. We had the largest structural deficit of any G7 country before the recession began.


Secondary information

Type
Proceeding contribution
Reference
536 c996 
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