Living Standards

Sarah Newton Excerpts
Wednesday 30th November 2011

(12 years, 5 months ago)

Commons Chamber
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Iain Duncan Smith Portrait Mr Duncan Smith
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I can look at the Library’s figures and decide whether they or our figures are correct. We will have a look at them. My view is that the figures that we have show that more women than men benefit from that change. We can debate that if the right hon. Lady likes, but at least she is admitting that, one way or the other, a significant number of women benefit dramatically. That is a good starting point.

I want to move to an important subject. Given that this is an Opposition day debate, I had rather hoped––

Sarah Newton Portrait Sarah Newton (Truro and Falmouth) (Con)
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Before we move from the topic of hard-working women such as those in my constituency, especially those on the lowest incomes, who depend on informal care from grandparents, perhaps my right hon. Friend could share with the House the many things we have done to support grandparents on low incomes.

Iain Duncan Smith Portrait Mr Duncan Smith
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I am grateful to my hon. Friend who, as ever, talks sense, and I agree with her.

This is an Opposition day debate and I had hoped to hear something about what they would do to fix things. My right hon. Friend the Member for Wokingham (Mr Redwood) asked a very specific question but never received an answer from the right hon. Member for Birmingham, Hodge Hill. We have today had to endure the usual waffle and confusion. On the one hand, the Opposition criticised us yesterday for borrowing too much, but on the other they seem to think that more borrowing is the only way to fix the deficit. The director of the IFS was pretty clear yesterday on the Opposition’s position on borrowing more to spend. He said:

“You would have to believe some pretty surprising things about the way the economy works to think that if you reduce tax by a pound then borrowing would go down rather than up.”

Does the right hon. Gentleman agree with the director?