Budget Resolutions

Debate between Paul Sweeney and Chi Onwurah

Wednesday 31st October 2018 Commons Chamber

[Chi Onwurah]

The hon. Lady should finally recognise that the economic crisis—the crash—was caused by casino capitalism and reckless bankers, and the Conservative party chose to make the poorest people pay for it, and they continue to pay, given the slowest recovery since the Napoleonic era.

[Mr Paul Sweeney (Glasgow North East) (Lab/Co-op)]

Does my hon. Friend agree that the economy was growing and national debt was below 50% when Labour left Government? Debt has grown to 85% under this Government because of their failed austerity programme. Indeed, when we built the NHS in 1948, debt was 250% of GDP, but it dropped because we invested in the economy.

[Chi Onwurah]

My hon. Friend is absolutely right. He could give a lesson in basic economics to most Conservative Members.