Living Standards

Sammy Wilson Excerpts

Wednesday 30th November 2011 Commons Chamber

[Mr Byrne]

That underlines an extremely important point, and I hope that in the Secretary of State’s response he will say a little more about how he reconciles the “Budget” that we heard yesterday with his own honourable intention to ensure that work pays. Right now, in my constituency, I have working parents, especially women, coming to me and saying that they are now giving up work—because the Government are cutting benefits, meaning that it is no longer economic to work. Surely that cannot be right.

[Sammy Wilson (East Antrim) (DUP)]

Does the shadow Minister not find it strange that the Government argue that if we were to borrow to stimulate the economy the money markets would go mad and put up interest rates, yet the markets seem to have no problem in lending us money to pay for unemployment?

[Mr Byrne]

And this is a Government, of course, who have brought forward plans to borrow another £158 billion —a bill that, ultimately, will be paid by the rest of us. It is a bill for economic failure.