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

The Economy

The ongoing effect of creating construction jobs would ripple far beyond the jobs themselves. That is what we mean by investing to grow the economy. We will not always borrow money for such things, but if we borrow on a short-term basis, we would still be borrowing for a purpose. Borrowing is not always bad. Many Government Members and others bemoan the fact that small businesses cannot borrow to expand. The Government can quite legitimately borrow to grow the economy. That is what we should be doing, but we have not been doing it for the past 18 months.

Secondary information

Type
Proceeding contribution
Reference
537 c263 
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