James Callaghan Quote

You cannot now, if you ever could, spend your way out of a recession.


speech at Labour Party Conference, 28 September 1976

Picture Quote 1

You cannot now, if you ever could, spend your way out of a recession.

Picture Quote 2

You cannot now, if you ever could, spend your way out of a recession.

Picture Quote 3

You cannot now, if you ever could, spend your way out of a recession.

Picture Quote 4

You cannot now, if you ever could, spend your way out of a recession.