Lyn Brown

Member of Parliament for West Ham

Getting the Economy Moving - Dec 2011

I spent Saturday morning collecting signatures for our petition, in support of Labour’s Five Point Plan for the economy.  It was great to meet so many of you, but painful to hear about the problems you face.

It is particularly frightening for young people.  Their future is very uncertain.

A student from Plaistow talked to me.  She hopes to go to college, but is deeply worried by the expense and her lack of options.

She’s not alone; times are really tough for all our young people, with one-in-five unemployed and university costs soaring, because the Government slashed higher education funding.

It’s really worrying for families, too, struggling with higher food and energy bills and anxious about their jobs and their children’s futures.

Clearly, the Government must act to support our economy.  Instead, they cut spending and put up taxes too far too fast.  Families are being hit hard.  The economy has ground to a halt.  More people have no jobs - young people, especially.

It doesn’t have to be like this.  There is a better way and Labour has a clear, five-point plan for jobs and growth, to get our economy moving again.

The plan includes taxing bank bonuses, to fund 100,000 jobs for young people; bringing forward investment in roads and schools; temporary VAT reductions, giving families a boost of around £450-a-year: a one-year cut in VAT to 5% on home improvements and tax breaks for small businesses employing new staff.

This Government is out of touch with the reality of other people’s lives.  If Cameron and Osborne really understood how tough things are for families, pensioners, young people and businesses they’d stop ducking and diving and implement Labour’s plan, now.

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