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

The Economy

I will give way in a second. There is a choice. We can either take action now and then have long-term fiscal discipline on the deficit, spending and our fiscal rules to make our economy stronger and to get borrowing down, or we can have what we have now and what is forecast for next year and the year after: stagnating growth, rising borrowing, including £158 billion more borrowing to pay for rising unemployment, and long-term youth unemployment, which will weaken our economy and make it harder to get the deficit down.

Secondary information

Type
Proceeding contribution
Reference
537 c195 
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