The Economy — House of Commons, 2015-06-04
Topic: Macroeconomics
George Iain Duncan Smith (Conservative, Centre-right): May I start by congratulating you on returning to your position, Madam Deputy Speaker It is a pleasure to conclude this debate on the Gracious Speech. I am conscious of the fact that we do not have a huge amount of time, but I want to congratulate right hon. and hon. Members on both sides of the House on their contributions, particularly those who have made maiden speeches. I will come back in a little more detail to those speeches and to a few comments that the right hon. Member for Doncaster North (Edward Miliband) made. I think I have a few tips for him We are elected and in power now, although I remind my colleagues that a month ago pollsters said otherwise. As my right hon. Friend the First Secretary of State and Chancellor of the Exchequer said in his excellent speech, we defied expectation and were elected to govern with a majority Government, and we intend to govern accordingly. We were elected to continue with our long-term economic plan and our welfare reforms, which have seen employment rates at record highs, the number in the main out-of-work benefits down by 1 million since 2010 and workless household rates at record lows. We will also carry on our work on repairing the economy, reducing the deficit and creating jobs. That is our purpose, and we will stick to it I will pick up on some of the speeches that have been made, as is normal for a Member winding up a debate. I start with the right hon. Member for Doncaster North. I feel like I am the only one in the House who understands where he is. As he knows, and as I mentioned earlier, I won some money on him when he became the leader of the Labour party—I put a bet on him two years out. I never felt that I was wrong. Whatever else the British public and others may have decided, I have always felt, and I have told him this, that he is a decent man who is highly intelligent and motivated to serve the British people and his constituents. His speech today showed the best of him. In the leadership election campaign, there will be collective amnesia among some of his closest colleagues about who was in the room when policy decisions were made. He may feel now like he was the only man in the room, but that short-term memory loss will not last. His colleagues’ short-term memory does not mean that he should have anything less than a long-term political career. I sense that the best is yet to be There were a number of really good maiden speeches from Government Members. I will try to go through as many as I possibly can. I commend the speech of my hon. Friend the Member for Bexhill and Battle (Huw Merriman), who took well to his task of recommending his constituency. He made an incredibly fluent speech, and even though he strayed back to 1066 to draw upon his predecessors, he made powerful comments about getting the economy right, and always doing it with social justice. I recommend that he stays with that idea My hon. and learned Friend the Member for South East Cambridgeshire (Lucy Frazer) made a really interesting speech. I think she upset some Scottish National party Members when she referred to her predecessor but many, one Oliver Cromwell, who, she said, had found a solution to the West Lothian question that we might not necessarily wish to pursue today. [Interruption.] And the Irish problem, although some may say that he made it worse My hon. Friend the Member for Horsham (Jeremy Quin) spoke movingly about his predecessor. Our friend, Francis Maude, served diligently. He was always reminded that he was the one who signed the Maastricht treaty—everybody else apparently had a medical appointment on that particular day. My hon. Friend will go far My hon. Friend the Member for Cannock Chase (Amanda Milling) showed her business prowess. She brings that very welcome experience to this House. As she represents Cannock Chase, I will offer her one little bit of advice: she should make sure she does not wear any fancy dress, as this does not help one’s prospects My hon. Friend the Member for Yeovil (Marcus Fysh) made an excellent speech in which he talked about transport infrastructure and quoted T.S. Eliot on humility. It was a very powerful speech. I recommend it, for those who want to read it My hon. Friend the Member for Mid Worcestershire (Nigel Huddleston) paid a powerful tribute to our old friend Peter Luff. He talked about the virtues of service, which he intends to follow My hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake) paid a strong tribute to Anne McIntosh, who served both in the European Parliament and here in the House of Commons with great distinction. Many of us who are her friends feel that she has yet still more to do. His business experience is most needed in this House. No matter what his age is—I have to say he looks pretty young to me—he will go far with that experience and he should use it My hon. Friend the Member for North Dorset (Simon Hoare) spoke movingly about his constituency and recommended that everyone tour there. His speech got a bit complicated when he started asking about wanting to set up all-party groups on country dancing à la Thomas Hardy. I will leave that to him if he does not mind, but he spoke very well indeed My hon. Friend the Member for Charnwood (Edward Argar) finished off by paying tribute to his predecessor, Stephen Dorrell, who served with huge distinction in this House through some very difficult periods, particularly when he was Health Secretary. He spoke well and fluently. I recommend him to the House Many other hon. Members spoke well, but I cannot go through them all. I hope they will forgive me if I do not mention them. I will make one exception and mention the hon. Member for Kirkcaldy and Cowdenbeath (Roger Mullin). I thought he spoke brilliantly. He is the successor to Gordon Brown and he spoke just as powerfully and as loudly as him—and almost with the same politics. I wondered whether there had been any change at all, although he is not quite the same age. I recommend him to his colleagues and to the House. He made a really, really good speech The Queen’s Speech builds on the best of what we can do here in Parliament and sets out our plans for the next. My right hon. Friend the Chancellor made it very clear that we will introduce a full employment Bill. It will contain a range of measures to reform welfare and to grow the economy. We will give more people the security of a pay packet by achieving full employment and we will report on progress annually. We have the highest employment rates in the G7. Too many Opposition Members kept on repeating the same mantra they had before, laying out the course for more spending, more borrowing and more taxation. The electorate rejected that at the election and we must never cease to remind them There are four areas in the welfare Bill. I want to speak about three areas in particular. In the previous Parliament, we delivered 2.2 million apprenticeships. It is really important to train and provide the skills our young and older people need to get on and to develop their productivity. We intend to deliver a further 3 million. We intend to report on this. We take it so seriously that the Chancellor has made it clear that he will not put up with any divergence: we will get those apprenticeships and they will work In conclusion, we will pursue what we set out to do: unemployment going down, workless households down, the deficit down. The Queen’s Speech builds on our success and I commend it to the House Question put, That the amendment be made.