I Am Rather In Favour

Some People, However Long Their Experience Or Strong Their Intellect, Are Temperamentally Incapable Of Reaching Firm Decisions.

We Used To Think That You Could 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, And In So Far As It Ever Did Exist, It Only Worked On Each Occasion Since The War By Injecting A Bigger Dose Of Inflation Into The Economy, Followed By A Higher Level Of Unemployment As The Next Step.

I Am Not Proposing To Seek Your Votes Because There Is A Blue Sky Ahead Today.

A Leader Has To Appear Consistent. That Doesn't Mean He Has To Be Consistent.

When We Reject Unemployment As An Economic Instrument As We Do And When We Reject Also Superficial Remedies, As Socialists Must, Then We Must Ask Ourselves Unflinchingly What Is The Cause Of High Unemployment. Quite Simply And Unequivocally, It Is Caused By Paying Ourselves More Than The Value Of What We Produce. There Are No Scapegoats.