Economy: Growth Debate

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Lord Barnett

Main Page: Lord Barnett (Labour - Life peer)

Economy: Growth

Lord Barnett Excerpts
Tuesday 11th October 2011

(13 years ago)

Lords Chamber
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Lord Barnett Portrait Lord Barnett
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If the noble Baroness cared to have a word with her noble friend Lord Sassoon, who is sat next to her, he would explain that there is no chance whatever of her growth strategy working while the deficit reduction plan is so inflexible. As the noble Lord, Lord Low, has said so well, without growth we have a growing deficit. Please have a word with the noble Lord, Lord Sassoon. If he is being honest, he will tell the noble Baroness the truth.

Baroness Wilcox Portrait Baroness Wilcox
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I am very lucky indeed to have a colleague like my noble friend Lord Sassoon to work with and to depend on. The Plan for Growth lays the foundations for a stable and rebalanced economy. As the Prime Minister said last week, we have a plan to achieve strong, sustainable and balanced growth and we are sticking with it.