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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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Callaghan

Harry Conroy - 2006 - 169 lapas
...paying ourselves more than the value of what we produce. Bluntly, he went on to tell the delegates: 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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Mistakes: How They Have Happened and How Some Might Be Avoided

Nick Gardner - 2007 - 330 lapas
...was formally abandoned by British Prime Minister of the time, James Callaghan in the following terms: 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 by...
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The Construction of Democracy: Lessons from Practice and Research

Jorge I. Domínguez, Anthony Jones - 2007 - 253 lapas
...British Labour Prime Minister James Callaghan's frequently quoted speech to his party conference in 1976: "We used to think that you could spend your way out...and boosting Government spending. I tell you in all candor that that option no longer exists" (Harmon 1997, 165). 31. Above all, the social-democratic...
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Reclaiming Social Work: Challenging Neo-liberalism and Promoting Social Justice

Iain Ferguson - 2007 - 168 lapas
...Labour Prime Minister James Callaghan's speech to Labour Party Conference in 1976: We used to think you could spend your way out of a recession, and increase...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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Work and Pay in 20th Century Britain

Ian Gazeley, Andrew Newell - 2007 - 369 lapas
...Zeitgeist by admitting that: We used to think that you could just spend your way out of a recession, by cutting taxes and boosting government spending. I tell you in all candour that option no longer exists, and in so far as it ever did exist, it worked by injecting inflation...
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