What the hon. Lady has missed is that the OBR said at the time of the autumn statement that the structural deficit—not the cyclical deficit—that we inherited from the previous Government was much worse than it had previously believed. That means that the economic legacy that we inherited was much worse than we had previously believed. It is therefore a much bigger task to overcome that and to get the economy growing again, to get jobs being created again and to get Britain moving.
Unemployment
Proceeding contribution from
Lord Grayling
(Conservative)
in the House of Commons on Wednesday, 14 December 2011.
It occurred during Opposition day on Unemployment.
Type
Proceeding contribution
Reference
537 c844 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 14:06:14 +0000
URI
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