Budget Resolutions and Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 20th April 1970.

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Photo of Mr Anthony Barber Mr Anthony Barber , Altrincham and Sale 12:00 am, 20th April 1970

I agree with the hon. Gentleman's analysis. Quite apart from the moral aspects of the statutory control of wages, one reason why we opposed it was that we knew that when it came to an end—as it must one day—it would lead to a flood of pent-up wage demands. I did not use the term "wages explosion"; I used the term "an avalanche of wage claims". That was the phrase used by the Secretary of State for Employment and Productivity. My point was that these wage claims are bound to lead to a tremendous increase in prices later in the year, and that will inevitably affect the housewives and the lower-paid workers. I think that that is very sad, and the hon. Member will probably agree with me about that.