It is fine for the hon. Gentleman to be thinking of his intervention rather than listening to the answers, but the fact is that we had a lower budget deficit and lower national debt than we inherited in 1997. The IFS, in its report, ““The public finances: 1997 to 2010”” said:"““By 2007–08, the public finances were in a stronger position than they had been when Labour came to power in 1997.””"
That entirely disproves his point.
The Economy
Proceeding contribution from
Ed Balls
(Labour)
in the House of Commons on Wednesday, 22 June 2011.
It occurred during Opposition day on The Economy.
Type
Proceeding contribution
Reference
530 c339
Session
2010-12
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 19:08:52 +0000
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