One would expect marginal productivity to fall, but the fact is that there are 800,000 fewer people earning more than £20,000 a year than there were five years ago, in 2010. Is that not why the Government have had to borrow more in five years than Labour did in 13? Productivity is a catastrophe.
Budget Resolutions and Economic Situation
Proceeding contribution from
Geraint Davies
(Labour)
in the House of Commons on Wednesday, 8 July 2015.
It occurred during Budget debate on Budget Resolutions and Economic Situation.
Type
Proceeding contribution
Reference
598 c345 
Session
2015-16
Chamber / Committee
House of Commons chamber
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Timestamp
2022-10-26 09:17:15 +0100
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