Public Expenditure

Part of the debate – in the House of Commons at 12:00 am on 17th March 1977.

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Photo of Mr John Pardoe Mr John Pardoe , North Cornwall 12:00 am, 17th March 1977

The right hon. and learned Gentleman is following a most bewildering course in his tour de'horizon. Does he not think that the economy was out of balance in February 1974 and that it had largely been put out of balance by the increase in money supply of 60 per cent. in two years by the Government of whom he was a member—and a guilty member?