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Sturgeon urges switch to spending

Oct 21 2012

 

The SNP has once again called on the Chancellor to change his economic plan from austerity to public spending.

"Our economy needs a capital stimulus and it needs it now," according to Deputy First Minister Nicola Sturgeon.

In a speech to the SNP Conference in Perth on Sunday, Ms Sturgeon will send "a direct message" to the Chancellor to take a different economic course.

In an advance excerpt of her speech, Ms Sturgeon said: "We are doing everything we can but our economy needs more.

"So I have a very direct message for the Chancellor today. A message on behalf of every construction firm clinging on by their fingertips. On behalf of every unemployed person desperate for some light at the end of the tunnel.

"Our economy needs a capital stimulus and it needs it now.

"If the Chancellor cares about getting growth back in our economy, if he cares about getting people into work and giving our young people hope of a brighter future, then listen - not to us - but to the growing band of economists and business organisations who say it is time to take a different course.

"Use the Autumn Budget Statement to increase capital spending and accept, once and for all, that we will not cut our way out of this recession.

"We must build our way out of recession."

 

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