We are in an Appalling Economic Crisis; we are in great strategic danger.
I appreciate that the Government would have wished to bring forward their proposals about interest rates much earlier than September of this year, but what has not yet been mentioned is the Appalling Economic Crisis which my right hon. Friends on the Treasury Bench inherited.
In the great need of this country today, in the Appalling Economic Crisis through which we are going, the Budget fails the nation.
That is the curious aspect of this Bud get - the supine inertia of the Government on the two chief components of Our Appalling Economic Crisis, namely, incomes and public expenditure.
The coalition Government have taken over an Appalling Economic Crisis.