Economic Growth

Part of Oral Answers to Questions — Economic Affairs – in the House of Commons at 12:00 am on 11th July 1968.

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Photo of Mr Peter Shore Mr Peter Shore , Stepney 12:00 am, 11th July 1968

It is almost axiomatic that, if one wishes to maintain public expenditure at the higher level we have sought to maintain in spite of the recent cuts, and the overall gross national product is not rising, there will be that much less available for private expenditure. That is the case today.