Budget Resolutions and Economic Situation

Stephen Pound Excerpts

Wednesday 20th March 2013 Commons Chamber

[Mr Davis]

My hon. Friend is right. I shall not give him the response to the endogenous growth of the right hon. Member for Morley and Outwood (Ed Balls) that Michael Heseltine gave at one party conference, which my hon. Friend might remember, but—

[Stephen Pound (Ealing North) (Lab)]

“It’s not Brown.”

[Mr Davis]

Exactly.

The simple truth is that this is a blinding glimpse of the obvious in many respects. But this is not impossible to put right. Other countries managed to get back to a 3% growth rate, or thereabouts, so it can be done.