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" We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists... "
Transnational Governance: Institutional Dynamics of Regulation - 71. lappuse
laboja - 2006
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Good-bye, Great Britain: The 1976 IMF Crisis

Kathleen Burk, Professor of Modern and Contemporary History Kathleen Burk, Alec Cairncross - 1992 - 268 lapas
...October November December That is what I mean when I say we have been living on borrowed time . . . We used to think that you could spend your way out...and boosting Government spending. I tell you in all candour that that option no longer exists, and that insofar as it ever did exist, it only worked on...
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Economic Sciences, 1969-1980: The Sveriges Riksbank (Bank of Sweden) Prize ...

Assar Lindbeck - 1992 - 442 lapas
...recent speech by Prime Minister Callaghan of Great Britain : "We used to think that 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 that insofar as it ever did exist, it only worked by...
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Confidence Regained: Economics, Mrs. Thatcher, and the British Voter

Helmut Norpoth, Professor of Political Science Helmut Norpoth - 1992 - 229 lapas
...Callaghan admitted in his address to the Labour Conference in 1976, We used to think that 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 that in so far as it ever did exist, it only worked...
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British Parliamentary Parties: Policy and Power

Jack Brand, Senior Lecturer in Politics Jack Brand - 1992 - 370 lapas
...had delivered the famous speech which Holmes calls a watershed in economic policy. 'We used to think you could spend your way out of a recession and increase employment by cutting taxes and boosting spending. I tell you in all candour that this option no longer exists, and that in so far as it ever...
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Labourism and the English Genius: The Strange Death of Labour England?

Gregory Elliott - 1993 - 233 lapas
...the Butskellite juggling of growth, full employment, stable prices, and a strong pound had collapsed: We used to think that you could spend your way out of a recession, and increase expenditure by cutting taxes and boosting government expenditure. I tell you in all candour that that...
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The Wrecker's Lamp: Do Currency Markets Leave Us on the Rocks

Dan Atkinson, Ruth Kelly - 1994 - 36 lapas
...espouse it, as is well illustrated in Prime Minister Callaghan's speech to the 1976 Labour Conference: "We used to think that you could spend your way out of a recession and increase unemployment by cutting taxes and boosting Government spending. I tell you in all candour that that...
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Blaming the Government: Citizens and the Economy in Five European Democracies

Christopher A. Anzalone, Christopher Anderson, Christopher J. Anderson 1966-..... - 1995 - 232 lapas
...end of the Keynesian consensus in more drastic terms in a 1976 speech to the Labour Party Conference: We used to think that you could spend your way out...and boosting government spending. I tell you in all candour that that option no longer exists, and that in so far as it ever did exist, it only worked...
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Remaking the Labour Party: From Gaitskell to Blair

Tudor Jones, Tudor (Coventry University Jones, UK) - 1996 - 198 lapas
...leadership when at the 1976 Party Conference James Callaghan, Wilson's successor as Prime Minister, stated: We used to think that you could spend your way out...and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each...
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Spaces of Globalization: Reasserting the Power of the Local

Kevin R. Cox - 1997 - 292 lapas
...currencies." 7. See, for example, James Callaghan's famous pronouncement at the 1976 Labour Party conference: "We used to think that you could spend your way out...recession and increase employment by cutting taxes and increasing government spending. I tell you in all candour that that option no longer exists, and that...
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British Industrial Capitalism Since the Industrial Revolution

Roger Lloyd-Jones, M. J. Lewis, Myrddin John Lewis - 1998 - 275 lapas
...the Labour Prime Minister, James Callaghan, when he told the Labour Party Conference in October 1976: "We used to think that you could spend your way out of recession and increase employment by cutting taxes and boosting government spending. I tell you in...
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