Pre-Budget Report

I thought that most of what the shadow Chancellor was getting at made it very clear that he had absolutely no plans, no policies and no approach to deal with the problem that we have at the moment. I have set out the country's position in relation to debt. We did reduce debt over a 10-year period. The debt will rise now, but I believe that that is necessary because we have to ensure that we support the economy and the people who send us here. They expect Governments, and politicians on both sides of the House, to show some concern about the problems that they face. I am prepared to face up to that; I am sorry that the hon. Gentleman is not.