Economic Policy Debate

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Department: HM Treasury

Economic Policy

Paul Flynn Excerpts
Monday 25th February 2013

(11 years, 3 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The great thing is that we, as a country, have experienced the shadow Chancellor’s economic policy, because he was the chief economic adviser to the Government. We had the biggest financial crisis in our history and the deepest recession for 100 years, and many people lost their jobs. We have had a dry run of what it would be like if he were ever allowed back.

Paul Flynn Portrait Paul Flynn (Newport West) (Lab)
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For the past three years, the Government have blamed all problems on the EU, the previous Government or the civil service. On what precise date will the Government take responsibility for the ineptocracy they have created?

George Osborne Portrait Mr Osborne
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Unless the hon. Gentleman can find anyone else to blame for the fact that there was an 11.5% budget deficit—[Interruption.] That was what we inherited from Labour, and we have cut it by a quarter. That just shows how economically illiterate Labour Back Benchers are.