Cameron and Osborne failing on growth and jobs – says new MP for Cardiff South and Penarth

Cameron and Osborne failing on growth and jobs – says new MP for Cardiff South and Penarth

Doughty challenges Chancellor in Commons on millionaire tax cut

Responding to today’s Autumn statement by the Chancellor of the Exchequer, the new MP for Cardiff South and Penarth, Stephen Doughty MP, has slammed Cameron and Osborne for their failure to put the economy back on a path to sustainable growth, and their failure to get people back into work.

Speaking in the House of Commons after the statement, Doughty challenged the Chancellor to justify his 2010 claim that he wanted to see “the richest paying the most and the vulnerable protected”, saying:

 “Can the Chancellor now explain to my constituents why he is persisting with a tax cut for millionaires, while thousands of people across Wales are now relying on foodbanks?”

And commenting on the downgrading of growth projections in today’s Autumn Statement, Doughty said:

“Whether on growth, jobs or funding for crucial local services like the police – today’s announcements provide little hope for most people across Cardiff and Penarth.

“The record is now plainly there for all to see: a flat-lining, or even dipping economy, with growth forecasts downgraded, and too many people still unable to find work – particularly the young.

“The truth is George Osborne and David Cameron would rather hit people on middle and low incomes in Cardiff and Penarth, or target the disabled and vulnerable, while millionaires get a tax cut.

“This is about real lives and real livelihoods. We need a one nation approach to the economy – where everyone has a stake and where rewards are fairly shared.”

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