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Proceeding contribution from Stephen Timms (Labour) in the House of Commons on Tuesday, 6 December 2011. It occurred during Debate on The Economy.

The Economy

Did the Chancellor use those weeks to rethink his plan, because the OBR was telling him that the assumptions on which his plan was based were mistaken? We were told that employment would rise every year, but that has not happened, and it is not going to happen. We were told that the budget would be balanced in this Parliament, and that is not going to happen either. Surely the whole plan should have been rethought?

Secondary information

Type
Proceeding contribution
Reference
537 c183 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Disclosure of information Banks Women Finance Families Incentives Interest rates Economic situation Economic and monetary union Economic growth Inflation Forecasts Low incomes Pay Poverty Managers Mortgages Loans Regulation Unemployment Treasury Cuts Office for Budget Responsibility
Link
View this Proceeding contribution on www.publications.parliament.uk