The Economy Debate

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Department: HM Treasury

The Economy

Rachael Maskell Excerpts
Thursday 24th October 2019

(4 years, 6 months ago)

Commons Chamber
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Rachael Maskell Portrait Rachael Maskell (York Central) (Lab/Co-op)
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The theatre of calling on Her Majesty to read the Government’s manifesto; the drama of Parliament being called to sit on a Saturday, when all the Prime Minister had to do was write a letter; the cost to the taxpayer—all that is nothing to the elites running their show, but to my constituents it was pounds and pence that they desperately need. They are paying a far heavier price, however, for a decade of failure, which was emphasised again in the Queen’ Speech.

The Queen’ Speech exposed two things. First, the list of Bills demonstrated that Brexit will not be “done”, and that this is the start of at least a decade of Brexit talks, pushing out legislative space to deal with our national crises. Housing—not mentioned; poverty—not considered; jobs—not offered; inequality, which is stifling talent and opportunity—not even on the agenda. We should be in no doubt about the stark contrast between this Tory programme and a Government who will say anything to retain power, and a Labour programme that seeks to do everything, in a fiscally responsible way, to address people’s very real needs. Labour has a robust programme to end poverty, sort out Brexit, fix our public services, tackle climate injustice, and grow the economy through the creation of good-quality jobs.

The pursuit of Brexit, deal or no deal, will make my constituents poorer. Indeed, York will be the eighth worst hit place in the country should we leave with no deal. A deal will increase inequality in one of the UK’s most inequitable cities, yet the Government’s programme does not address how my constituents will survive this economic shock. That is why we need an economic impact assessment.

Secondly, I must draw attention to the sheer number of criminal justice Bills that are proposed, as they are symbolic in exposing how a failed decade of cuts has put my community at risk. More prison places is a sign of failure; more draconian policing is a sign of being out of control. This Queen’s Speech may result in more law, but it exposes no order.

When the wrong interests shape the economic priorities, society breaks down, and this Queen’s Speech was not the antidote. Labour has long understood that, and just as when Keir Hardie set out Labour’s first programme of policies, or when Clement Attlee rebuilt our nation after the war, today Labour’s programme will fix the broken economy. The values are the same, the priorities are the same: building the housing that families need, fixing the services they use, and creating the jobs on which they depend.

Let us not pretend that the economy is working for all—it is not. In York, the boom in luxury housing means that my constituents cannot afford to live in their city, and they have to pay more than 10 times their annual wage for a home. Waiting lists in the NHS mean that my primary care mental health service is not just being cut but is being scrapped, despite the fact that we have some of the highest levels of self-harm, eating disorders, suicide and deaths from substance misuse in the country. We hear that millions and billions are being spent on the NHS, but that is not saving lives in my constituency. I know the fixes that York needs to function, and Labour’s programme will address them. When the pursuit of power is the only objective, the cornerstones to rebuilding our communities get lost.

Behind the boisterous bluster, there is a chilling, calculated populist pursuit for power. We have seen it before; I know the story. I have read the history books, and it does not end well. This nation must wake up and recognise the signs; and in this place, from these Benches, Opposition Members have a duty to call them out. Populism does not work; it does not build houses, it does not put money into schools, it does not create jobs and it does not tackle inequality. Populism will not save my health service, but Labour will, and that is why I am proud to speak from these Benches.