SINGLIS
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- SINGLIS was last seen:
- Aug 12, 2011
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“We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exists, and that insofar as it ever did exist, it only worked by injecting bigger does of inflation into the economy followed by higher levels of unemployment as the next step.”
P.M. Jim Callaghan, 1976