The Economy Debate

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Department: HM Treasury

The Economy

Chris Ruane Excerpts
Thursday 24th October 2019

(4 years, 6 months ago)

Commons Chamber
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John McDonnell Portrait John McDonnell
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I have been here for 22 years. That is a long apprenticeship—and sometimes the apprentice can point out the truth as well.

As I say, I admire a good turn of phrase, and I congratulate the creatives in whatever PR agency the Conservative Party now uses for coming up with that one—it must have tested very well in the focus groups—but that is all it is: a slogan, a turn of phrase. The reality, as demonstrated in the Queen’s Speech, is that after something approaching a decade of harsh and brutal austerity, a few cynical publicity stunt commitments to paper over the massive cuts in our NHS, schools, policing and care will go nowhere near what is needed. A slogan will not suffice.

People know—and this is relevant to the Brexit debate—that if the economy hits the buffers again, as a result of Brexit, economic mismanagement by the Tories or both, and when a choice must be made by the Tories about who will pay, they will always protect their own: the corporations and the rich.

Chris Ruane Portrait Chris Ruane (Vale of Clwyd) (Lab)
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Before he ends his speech, will my right hon. Friend say something about the impact of future cuts on women? Over the past 10 years, 80% of austerity has fallen on their backs.

John McDonnell Portrait John McDonnell
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I met members of the Women’s Budget Group again yesterday, and they said that 86% of cuts were falling on women. Our society remains patriarchal, and many caring responsibilities still fall to them. Cuts in social care undermine the basis of support for many elderly people in particular, and that falls on the shoulders of women. This is what austerity has done over the last nine years. We are committed to providing free personal care for everyone, and that is what we will do.