The Economy

I will give way in a few seconds. The test for the Treasury is not whether it can eventually get back to growth, but where it will make up the lost ground in jobs and living standards. In this debate, I challenge the Chancellor to agree with me on three propositions: first, his plan is not working; secondly, he has the opportunity to change course; and, thirdly, there is a better and fairer alternative economic policy for our country—better for jobs, better for living standards, and a better, fairer way to get the deficit down.