Fiscal Policy

Part of Oral Answers to Questions — Treasury – in the House of Commons at 10:30 am on 12th February 2009.

Alert me about debates like this

Photo of Yvette Cooper Yvette Cooper The Chief Secretary to the Treasury 10:30 am, 12th February 2009

The hon. Gentleman is right to say that we want to support jobs, and people, through this. That includes, for example, the fiscal stimulus—cutting VAT and putting billions of pounds into the economy to help us through. Had that been done by the then Government in the early '90s, it could have helped to protect 300,000 jobs. The fiscal stimulus is hugely important, as recognised by Governments across the world. It is about helping to support jobs, and it is unfortunate that other parties have not supported it.

Embed this video

Copy and paste this code on your website