...Labor Party Convention in September 1976 said: 93-924 O - 77 - 15 We used to think that you could just spend your way out of a recession and increase employment...government spending. I tell you in all candor that the option no longer exists, and insofar as it did exist, it worked by injecting inflation into the...

...budget. In connection with this — I include this very unnoticed quote. We used to think you could just spend your way out of a recession and increase employment...and boosting Government spending. I tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it only worked by injecting...

...budget. In connection with this — I include this very unnoticed quote. We used to think you could just spend your way out of a recession and increase employment...and boosting Government spending. I tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it only worked by injecting...

...budget. in connection with this — i include this very unnoticed quote. We used to think you could just spend your way out of a recession and increase employment...by cutting taxes and boosting Government spending. l tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it...

...Labor Party Convention in September 1976 said: 93—924 0 . 77. 15 We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting goverI¿nt spending. I tell you in all candor that the option no longer exists, and insofar as it did...

...inflation, we are fueling inflation. I want to read a quote on page 16. We used to think you could .lust spend your way out of a recession and increase employment by cutting taxes and ooosting government spending. I tell you. in all candour, that that, option no longer exists, and Insofar...

...inflation, we are fueling inflation. I want to read a quote on page 16. We used to think you could just spend your way out of a recession and increase employment by cutting taxes and Лоовипк government spending. I tell you. in all candour, that*hat option no longer exists, and...

...[The editorial referred to follows :] [From the Wall Street Journal, January 31, 1977] KEYNES Is DEAD "We used to think that you could spend your way out of u recession and increase employment by cutting taxes and boosting government spending. I tell you,...

...[The editorial referred to follows :] [From the Wall Street Journal, January 31, 1977] KEYNES Is DEAD "We used to think that you could spend your way out of n recession and increase employment by cutting taxes and boosting government spending. I tell you,...

...role in helping to create the crisis that they face. Prime Minister Jim Callaghan said, and I quote, "We used to think that you could spend your way out...by cutting taxes and boosting government spending." He went on to say, "I will tell you in all candor, that option no longer exists and that insofar as...