Food Banks

Debate between Steve Baker and Robert Syms

Wednesday 18th December 2013 Commons Chamber

[Mr Syms]

I will not, because my time is limited. I have already taken two interventions.

I am sure that, as the economy recovers, living standards will recover as well, but there is a short-term problem and a long-term problem. The short-term problem is the need for us to recover from the recession, which, as we all know, will take several years. The long-term problem is that, while those in the western world who have benefited from globalisation—particularly people at the higher income scale working in, for instance, financial services—can secure large rewards, many people in ordinary jobs have not managed to increase their living standards. That is a feature of the United States economy and it may be a feature of ours, which is why the Government are interested in apprenticeships and are trying to make our education system far more robust and resilient.

Statistics issued by the OECD the other day demonstrated the importance of ensuring that people are proficient in English and maths and that we have a skilled work force, because that enables those people to generate income and higher living standards. I think that the Government have the right instincts and the right answers, but the fact is that it will take a long time to sort the problem out.

[Steve Baker]

Given that the money supply was allowed to triple during the 13 years when Labour was in power, it should not surprise us if those nearest to the source of the new money got rich while everyone else went backwards.

[Mr Syms]

There is an argument to be had about the impact of that. Certainly it helped people with assets rather than those without assets. Nevertheless, I think that progress is being made, and that this morning’s unemployment figures represent a good staging post.

We need to do much more to educate and skill our work force so that we can compete in the global race and improve everyone’s living standards. All the statistics show that some of the more equal societies in Scandinavia are happier societies. What any Government must do in this country is ensure that, as the economy recovers, all sections of the community can earn a living, and can enjoy rising living standards.