John Smith on state of the economy

Title

John Smith on state of the economy

Genre

Speech

TX Date

25 Jan 1989

Year of production

1989

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Duration

00:02:02

Description

Shadow Chancellor John Smith’s first major Commons speech following a 4 month break due to a heart attack. Attacks Chancellor Nigel Lawson’s policy of high interest rates to bring down inflation which he says is crippling industry, and calls for credit control instead.

Contributors

John Smith

Keywords

Industry; Inflation; Taxation; Economics; Fiscal policy; Economic policy; Interest rates; Nigel Lawson

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