Topical Questions

Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 28th January 2014.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 11:30 am, 28th January 2014

The person who had the best answer to that question was the head of the Institute for Fiscal Studies, who said very clearly that the reason why the country was poorer was the very deep recession. He said that we have had the biggest recession in 100 years and that it would be astonishing if household incomes had not fallen and earnings had not fallen. This country is poorer because of the disastrous economic policies of the shadow Chancellor. It is under this Government that the economy is growing and jobs are being created, including jobs in the hon. Gentleman’s constituency.