Comprehensive Spending Review

Part of Oral Answers to Questions — Deputy Prime Minister – in the House of Commons at 11:30 am on 1st November 2006.

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Photo of John Prescott John Prescott Deputy Prime Minister, Deputy Prime Minister, Deputy Prime Minister and First Secretary of State, Deputy Leader of the Labour Party, Member, Labour Party National Executive Committee 11:30 am, 1st November 2006

The spending reviews of the past 10 years show the most enviable economic record, as I have just said, and I can assure the hon. Gentleman that it is our intention to maintain that. The IMF has endorsed that policy, which has not always been the case with Labour Governments or even Tory Administrations. To that extent, it is a bit much for the hon. Gentleman to talk about what he might do about public expenditure—[ Interruption.] The implication is clear—what they would do rather than how we deal with public expenditure. Ours is a successful record, which we will continue.

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J H Hall
Posted on 2 Nov 2006 4:10 pm (Report this annotation)

This response is typical of Government ministers; they studiously avoid answering the question just to blow their own trumpets. Such behaviour brings politicans into disrepute. If they are interested only in making debating points, let them quit politics and join their local debating society leaving the House of Commons to those who wish to improve the country.

Mark Bestford
Posted on 2 Nov 2006 4:26 pm (Report this annotation)

How can they claim a successful record? Public debt currently is nearly 500 billion pounds. And rather than improving, it is set to get bigger in coming years.

From 1997 to 2002 the Labour government did an excellent job of reducing public debt, primarily on the back of Tory policies. However, from 2002 onwards we have seen an increase in public debt. Is it any wonder that we see a culture of spending on credit within this country when we have this government to set such an example for us all?

http://www.statistics.gov.uk/cci/nugget.asp?id=206