Education Maintenance Allowance Debate
Full Debate: Read Full DebateLord Walney
Main Page: Lord Walney (Crossbench - Life peer)Department Debates - View all Lord Walney's debates with the Department for Education
(13 years, 9 months ago)
Commons ChamberNo, not yet. The fault for that debt and deficit lies with the right hon. Gentleman and his colleagues. The OECD said that in 2000, thanks to Conservative policies, the UK had one of the best structural fiscal positions in the world, but by 2007 we had one of the worst in the G7. Why were we in such a weak position? It was because Labour had doubled our debt. In 1997 our national debt was £351 billion, whereas in 2010, by the time the Labour Government had left office, it was £893 billion. You cannot spend money that you do not have. The truth was revealed in a statement secreted in a Treasury desk by the right hon. Member for Birmingham, Hodge Hill (Mr Byrne). In a note to the succeeding Chief Secretary to the Treasury, he said “There’s no money.” Not a single member of the Labour party has yet had the courage to accept that truth, and to atone and apologise for it.
The Secretary of State is talking about things that have been written down. Does he also accept that this is also about values? Will he therefore clarify for the House whether he wishes to apologise for the remarks, to which my right hon. Friend the shadow Secretary of State referred, that he made in his article in The Times about the attitude to debt and the consequences for people going to university?
That article in The Times was actually in favour of the previous Government’s efforts to improve access to university. Unlike many Labour Members, I supported what Tony Blair was doing on university tuition fees; I do not know whether the hon. Gentleman did. But never mind that, because the truth is that no Labour Member has atoned or apologised for the huge economic mess in which we have been landed. This is appropriate, because the motion stands in the name of the right hon. Member for Leigh, and he was the Chief Secretary to the Treasury when the ship was steered towards the rocks, so he cannot point the finger at anyone else—