My hon. Friend will know that the Government’s alleged strategy is that the private sector will move in and generate growth as the public sector is pulled back. In Wales, there is a higher proportion of public sector employment and, as she has said, £790 million will be taken out of demand, and savings rates among people in work are increasing because of insecurity. The whole concoction is pushing Wales and similar regions into negative growth. Does she agree that we should stimulate growth by giving more money to people who are poor, because they spend it?
Finance (No. 2) Bill
Proceeding contribution from
Geraint Davies
(Labour)
in the House of Commons on Thursday, 18 April 2013.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
561 c529 
Session
2012-13
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-03-31 12:20:53 +0100
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