 | Gail Lewis - 1998 - 296 lapas
...Labour Party Conference in 1976: We used to think 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 so in so far as it ever did exist, it worked by injecting... | |
 | Ian Adams - 1999 - 226 lapas
...that really spelt the end of Keynesianism as the dominant theory behind government policy. He said: 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... | |
 | Duncan Tanner, Pat Thane, Research Professor Pat Thane, Nick Tiratsoo - 2000 - 418 lapas
...opinion. Thus, the Prime Minister, Jim Callaghan, told the Labour Party conference of September 1 976: 'We used to think that you could spend your way out of recession ... I tell you now in all candour that that option no longer exists and in so far as it ever... | |
 | Peter Hennessy - 2001 - 685 lapas
...by a stroke of the Chancellor's pen, cutting taxes, deficit spending - that cosy world is gone . . . We used to think that you could spend your way out of a recession and inctease employment by cutting taxes and hoosting Government spending. I tell you in all candour that... | |
 | Margaret Jones, Rodney Lowe - 2002 - 232 lapas
...damaging rather than stimulating the economy. As he admitted: 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 option no longer exists, and in so far as it ever did exist, it worked by injecting inflation... | |
 | Peter Fairbrother, Charlotte A. B. Yates - 2003 - 288 lapas
...Callaghan, in a provocative speech to the 1977 Labour Party Conference, made this extremely clear: 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 honesty that that... | |
 | Paul Skidmore, Jake Chapman, Paul Miller - 2003 - 123 lapas
...International Monetary Fund (IMF) and the Labour Prime Minister James Callaghan's pronouncement that 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. This apparent scaling back of the state's ambitions for... | |
 | David Powell - 2003 - 198 lapas
...choices and fundamental changes in our society . . . We used to think that we could spend our way out of recession, and increase employment by cutting taxes...you in all honesty that that option no longer exists . . . Now we must get back to the fundamentals. Milton Friedman, Margaret Thatcher's economic guru,... | |
 | Howard F. Didsbury - 2003 - 344 lapas
...highly trained economist, he dominated economic policy until the 1970s. This economic idol thought you could spend your way out of a recession and increase...by cutting taxes and boosting government spending. The centerpiece of Keynesian economics was the "multiplier." By running a deficit, the government "injected"... | |
 | Susan Grant, Chris Vidler, Charles Smith - 2003 - 320 lapas
...by increasing aggregate demand. 'It used to be thought that a nation could just spend its way out of recession and increase employment by cutting taxes...and boosting government spending. I tell you in all candour that that option no longer exists. In so far as it existed in the past, it had always led to... | |
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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... 
