Press Conference visiting Berwick and East Lothian (by-election)
| Document type: | Speeches, interviews, etc. |
|---|---|
| Venue: | Duns, East Lothian |
| Source: | (1) The Times, 18 October 1978 (2) Guardian, 18 October 1978 |
| Journalist: | (2) David McKie, Guardian, reporting |
| Editorial comments: | Available on CD-ROM only. Time and place unknown. Financial Times (18 October 1978) has additional material: countries like Germany, South Korea and Taiwan were tremendously successful but had never had an incomes policy. "They have an output policy - incentives for getting up output. That matters far more than five per cent". The output policy included lower taxation and a tighter control of the money supply. "We have become a low wage, low output economy". Transcript of an article by David McKie published in The Guardian on 18 October 1978 and reproduced with the permission of Guardian and Observer News Services. |
| Importance ranking: | Minor |
| Word count: | 706 |
| Themes: | Pay |