Kevin Barron speaks in Parliament and the Chancellor doesn’t understand what he’s talking about.
Not much hope for the rest of us then !
George Osborne (Chancellor of the Exchequer, HM Treasury; Tatton, Conservative)
I am not sure I really understand what the right hon. Gentleman is getting at. Yes, of course we have a difficult economic situation, because we inherited a 11.5% budget deficit and were coming out of a contraction of the economy of 6%—the right hon. Gentleman talks about flatlining but there was a 6% contraction of the economy when the shadow Chancellorwas in the Cabinet. That is what we are dealing with. As I say, we have reduced the deficit, created 1 million jobs, and we have low interest rates.
Party political scaremongering, Kevin ? Isn’t the Labour Party the best people to advise you on that ?