The Chancellor has taken tough but necessary action to turn things around economically and deal with Labour's debt so we can unmortgage our children's futures. Labour have failed to come up with any credible alternative policies.
Today I intervened on the Shadow Business Secretary to put this point to him. I said:
I, too, congratulate the hon. Gentleman on his much-deserved elevation and on his speech, which has been very interesting so far. I put it to him that the Opposition's plan would have been to borrow about £100 billion more than the Government plan to borrow in the current Parliament, which would lead to higher interest rates and push us closer to the situation Italy and Greece find themselves in and to what is happening in the Eurozone, which would be irresponsible and reckless.
See the full debate here, which details my other interventions.
It has been an honour and privilege to serve as Member of Parliament for Dover & Deal. I hope to be re-elected to serve our community for another term.
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