Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 11th October 1976.

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Photo of Mr Enoch Powell Mr Enoch Powell , South Down 12:00 am, 11th October 1976

The hon. Member for Cornwall, North may be right. His cynicism may be justified, but it has not ever been so and it is not my belief that it will for ever be so. I do not believe that the great majority of hon. Members or Ministers want to deceive the people who sent us here. But to get their support for the things which the Chancellor and the Prime Minister know have to be done it is necessary that we do not distract them with misrepresentations of the meaning of things like exchange rate or threaten them with bogys about unemployment and public expenditure, when the unemployment with which we are threatened arises from the dangers which can only be banished when we bring our finances back into tolerable balance.

The hon. Member for Cornwall, North may be right or I may be right; but I do not think that any of us can have much doubt that it is our duty to try, even if we fail again.