Employment: Job Creation Debate

Full Debate: Read Full Debate
Department: Department for Work and Pensions

Lord Pearson of Rannoch

Main Page: Lord Pearson of Rannoch (Non-affiliated - Life peer)

Department Debates - View all Lord Pearson of Rannoch's debates with the Department for Work and Pensions


Airport Capacity in London

Employment: Job Creation

Lord Pearson of Rannoch Excerpts

Schools: Special Measures
Wednesday 16th December 2015

(8 years, 4 months ago)

Lords Chamber
Share Debate
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Pearson of Rannoch Portrait Lord Pearson of Rannoch (UKIP)
- Hansard -
-

My Lords, is not the deeper point that the EU is in long-term economic decline? According to the IMF, the EU produced 30% of the world’s GDP in 1985, which will have fallen to 15% by 2020. So would not our employment prospects be much better if we got off the Titanic and traded freely with the markets of the future?

Lord Freud Portrait Lord Freud
- Hansard -
- - Excerpts

I am not sure that the noble Lord has caught up with what has been happening in the world in the last year or so, when the developing world has fallen apart.

Return to start of debate - Return to top of page