Unemployed Persons

Part of Oral Answers to Questions — Employment – in the House of Commons at 12:00 am on 23rd January 1979.

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Photo of Mr Albert Booth Mr Albert Booth , Barrow-in-Furness 12:00 am, 23rd January 1979

I accept that the purchasing power of a large number of very low-paid people is an important factor in the level of demand in our economy, but if we have a rapidly rising inflation rate it will reduce the effective purchasing power of those people. We need to be able to increase the supply of goods and services in order effectively to use increased demand to reduce unemployment, otherwise such an increase may result only in more imports being sucked in.