Budget Resolutions and Economic Situation

I will follow the argument of the right hon. Member for Hitchin and Harpenden. The economy requires growth, it requires reductions in public expenditure, and it may require taxes. It is a question of balance. It is not a question of an emergency Budget which says, "We're now going to cut public expenditure, and we're going to make people in the public sector unemployed. That is our recipe, and you'll take the medicine."