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PROFESSOR JOSEPH STIGLITZ, THE ECONOMY AND GOVERNMENT INVESTMENT

EDM (Early Day Motion) 855: tabled on 10 February 2010

Tabled in the 2009-10 session.

This motion has been signed by 41 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House welcomes the remarks by Professor Stiglitz, former Chief Economist of the World Bank, in his recent interview with The Independent newspaper, in which he warns against severe cuts being the response to the recession `because cutting back means the economy goes into a downturn...[and] will trigger another recession or depression'; believes the lessons from Ireland, where the government has undertaken a savage cuts agenda that has deepened the recession with an approach that mirrors much of what is said by the Conservative Party in the UK, are clear; supports Professor Stiglitz's comments that governments should not be held to ransom by credit agencies and that investment and economic benefits will result from the public spending undertaken in response to the recession; and further believes that a programme of government investment would restore economic growth and in turn reduce government debt meaning that ordinary people such as nurses, teachers and pensioners who did not cause the recession would not have to pay for the failings of unrestrained free-market capitalism.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Austin, John
Labour
Signed on 3 March 2010
Erith and Thamesmead
Borrow, Mr David S.
Labour
Signed on 24 February 2010
South Ribble
Clark, Ms Katy
Labour
Signed on 10 February 2010
North Ayrshire and Arran
Cohen, Harry
Labour
Signed on 23 February 2010
Leyton and Wanstead
Corbyn, Jeremy
Labour
Signed on 22 February 2010
Islington North
Cryer, Mrs Ann
Labour
Signed on 22 February 2010
Keighley
Dean, Mrs Janet
Labour
Signed on 24 February 2010
Burton
Dobbin, Jim
Labour
Signed on 24 February 2010
Heywood and Middleton
Drew, Mr David
Labour
Signed on 22 February 2010
Stroud
Etherington, Bill
Labour
Signed on 3 March 2010
Sunderland North
Flynn, Paul
Labour
Signed on 23 February 2010
Newport West
George, Andrew
Liberal Democrat
Signed on 11 March 2010
St Ives
Godsiff, Mr Roger
Labour
Signed on 8 March 2010
Birmingham, Sparkbrook and Small Heath
Hamilton, Mr David
Labour
Signed on 24 February 2010
Midlothian
Hancock, Mr Mike
Liberal Democrat
Signed on 23 February 2010
Portsmouth South
Holmes, Paul
Liberal Democrat
Signed on 23 February 2010
Chesterfield
Hopkins, Kelvin
Labour
Signed on 23 February 2010
Luton North
Illsley, Mr Eric
Labour
Signed on 8 March 2010
Barnsley Central
Jackson, Glenda
Labour
Signed on 23 February 2010
Hampstead and Highgate
Jenkins, Mr Brian
Labour
Signed on 25 February 2010
Tamworth
Mason, John
Scottish National Party
Signed on 25 February 2010
Glasgow East
McCafferty, Chris
Labour
Signed on 24 February 2010
Calder Valley
McDonnell, Dr Alasdair
Social Democratic & Labour Party
Signed on 3 March 2010
Belfast South
McDonnell, John
Labour
Signed on 24 February 2010
Hayes and Harlington
Meale, Mr Alan
Labour
Signed on 22 February 2010
Mansfield
Murphy, Mr Denis
Labour
Signed on 1 March 2010
Wansbeck
O'Hara, Mr Edward
Labour
Signed on 26 February 2010
Knowsley South
Simpson, Alan
Labour
Signed on 23 February 2010
Nottingham South
Singh, Mr Marsha
Labour
Signed on 10 February 2010
Bradford West
Stringer, Graham
Labour
Signed on 23 February 2010
Manchester, Blackley
Turner, Dr Desmond
Labour
Signed on 22 February 2010
Brighton, Kemptown
Vis, Dr Rudi
Labour
Signed on 22 February 2010
Finchley and Golders Green
Williams, Mrs Betty
Labour
Signed on 1 March 2010
Conwy
Wood, Mike
Labour
Signed on 22 February 2010
Batley and Spen
Wyatt, Derek
Labour
Signed on 22 February 2010
Sittingbourne and Sheppey

There are no withdrawn signatures for this motion.