Former Conservative MP for Wycombe
Last month, the International Monetary Fund warned that the Chancellor's spending plans risk damaging the economy. It said that the much-trumpeted golden rule is an inadequate guide to fiscal policy. Given that recent economic and financial developments have reinforced the criticism of the IMF, will the Prime Minister advise the Chancellor that his policies are heading towards boom and bust?
Will my hon. Friend give way?
My hon. Friend the Member for Grantham and Stamford (Mr. Davies) rightly draws attention to the declining defence budgets of EU Governments in recent years, which is the first issue at the root of the problem. I am sorry to introduce a note of sombre common sense into what has been a fairly jolly party—indignant though we are about some of the issues that have emerged—but western Europe...
It is important to examine Mr. Rumsfeld's comments and I am sure that my right hon. and hon. Friends on the Conservative Front Bench are doing precisely that. When challenged by Mr. Winston Churchill—whose approach to these issues is, I imagine, not dissimilar to that of my hon. Friend the Member for Chingford and Woodford Green (Mr. Duncan Smith); I might be doing one or both of them an...
Because we do not have time. They are important mtatters, but they cannot be debated at half—past midnight with 10 minutes to go until the debate ends.
My hon. Friend leaps a pace too far. I am the first to concede that the devil is in the detail, and when Rumsfeld says that, he is right, but to suggest that poor old Rumsfeld and poor old President Bush do not know what is going on is wholly unjustified. I hope that we can all calm down and pretend that, just occasionally, some good things can come out of Europe. If we can make the ESDP...
I understand the problem of getting the money to the front line However, does the hon. Gentleman recognise that there is a much more fundamental problem when per capita money available in Britain is about 50 or 60 per cent. less than that which is available in other continental countries?
The hon. Member for Hackney, North and Stoke Newington (Ms Abbott) says that she speaks for herself and her constituents, and I am sure that the House would agree wholeheartedly with that. She certainly does not automatically seek the approbation of the Chancellor of the Exchequer or any other Member of her Front Bench. She talks about her details being held on file, but I suspect that the...