Proceeding contribution from Kelvin Hopkins (Labour) in the House of Commons on Tuesday, 24 April 2012. It occurred during Debate on Section 5 of the European Communities (Amendment) Act 1993.
Section 5 of the European Communities (Amendment) Act 1993
That is a problem for Ministers and local authorities, but it has been estimated that we need another 4.5 million homes over the next few years if we are going to house our people. However, I will not go into that now, because I want to talk about the European Union. I do not agree with the Budget—I think we ought to have a different one—but even if it were a good Budget, I nevertheless do not think that we should necessarily be required formally to send it to the European Union. I say that because the motion before us refers to the European Communities (Amendment) Act 1993—the Maastricht Act—which, I am pleased to say, my party voted against. Indeed, some Government Members voted against it as well. It is the Act that requires us to send the report to the European Union. Personally, I do not feel bound by that, because my party voted against it, and I do not think it is sensible anyway. However, let us return to the stability and growth pact, which, as I have suggested, is like building castles in the air. What stability? What growth? We have grotesque instability at the moment—terrifying instability, in fact—and absolutely no growth. Indeed, even the powerhouse economy of Germany has serious problems. There is talk of convergence, but who do we want to converge with? Greece? Portugal? Some of the countries that are actually contracting, with mass unemployment? In Spain there is even talk of unemployment rising to 6 million, which, as a proportion of the population, is the equivalent of 9 million in Britain. This is absolutely insane. I do not want to be ““disable-ist”” about this, but anybody running that economy must want their head examined, quite frankly.
Secondary information
- Type
- Proceeding contribution
- Reference
- 543 c873
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Income tax Financial markets EU action Economic and monetary union EU economic policy Economic policy Economic growth Tax rates and bands Economic recession Stability and Growth Pact Office for Budget Responsibility Budget March 2011
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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