Now the employer is to be told that if the unions force him to pay exorbitant wages or go out of business if he tries to continue, he will be taxed. … - Jo Grimond

Our long-term objective is clear: to replace the Labour Party as the progressive wing of politics in this country.

We should not delude ourselves into thinking that an incomes policy is other than a serious infringement of freedom...Nor have the Liberals explained how it is to be worked, and even if they had, it is certainly not a permanent answer to our economic troubles...At present, the Liberal-Social Democratic Alliance occasionally looks too much like a half-way house on the old road to state socialism. It will spend more than the Tories but rather less than Labour...Such compromises may win votes, but they will not improve the country.

The root objection to the pact is the nature of the Labour Party. It is not liberal. It is not becoming more liberal. The social democrats remain ineffective, or sneak off, after preaching equality to everyone else, to some of the highest-paid jobs open to the British. As a final spectacle of degradation, they are to be seen intimidating the Grunwick workers...The Labour Party remains without principle, clinging to office, paid by the trades unions, and with an anti-democratic Marxist wing. The pact, I fear, is having no effect on the nature of that party.