Economy and Jobs Debate

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Department: HM Treasury

Economy and Jobs

Victoria Atkins Excerpts
Thursday 29th June 2017

(7 years, 5 months ago)

Commons Chamber
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Kirsty Blackman Portrait Kirsty Blackman
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Absolutely. I think we will see increasing problems with that, and I shall come on to that later.

During the election campaign, the UK Government seemed unclear about the causes of poverty, so let me enlighten them: poverty is caused by people not having enough money.

Victoria Atkins Portrait Victoria Atkins (Louth and Horncastle) (Con)
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If the hon. Lady is against consumer debt, which we all agree we are worried about, why is she so comfortable with public sector debt?

Kirsty Blackman Portrait Kirsty Blackman
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They are totally different things, and I am surprised that I have even been asked that question. The level of consumer debt is a massive problem for the economy, because people are going to be hit when this bubble bursts—that is what we saw happen in 2008.