Does the hon. Gentleman agree that the big headwind in household expenditure has more to do with the huge personal debt bubble and asset bubble built up under the last Labour Government—£1.4 trillion, and 100% of GDP? That is an incredible record and far higher than any other state in the developed world. Is that not why consumer spending is collapsing?
Inward Investment (Wales)
Proceeding contribution from
Jonathan Edwards
(Plaid Cymru)
in the House of Commons on Thursday, 29 November 2012.
It occurred during Adjournment debate on Inward Investment (Wales).
Type
Proceeding contribution
Reference
554 c150WH 
Session
2012-13
Chamber / Committee
Westminster Hall
Subjects
Librarians' tools
Timestamp
2023-11-26 10:36:45 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2012-11-29/12112956000046
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