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I am sometimes accused of being oversensitive about unemployment. I do not believe that that is possible, certainly not for anyone who lived through … - Edward Heath
" "I am sometimes accused of being oversensitive about unemployment. I do not believe that that is possible, certainly not for anyone who lived through the 1930s and saw the political consequences of high unemployment throughout Western Europe and what happened in 1939.
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About Edward Heath
Sir Edward Richard George Heath KG MBE (9 July 1916 – 17 July 2005) was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party from 1965 to 1975. Heath also served for 51 years as a Member of Parliament from 1950 to 2001.
Also Known As
Alternative Names:
Teddy
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Ted Heath
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Sir Edward Richard George Heath
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The time has come to speak out. Britain is now locked in a vicious spiralling interest rates... The net result of completing the vicious circle is that prices have increased, the rate of inflation has gone up, the money supply has increased, unemployment has gone up, the rate of bankruptcies has increased, the industrial base has been further eroded, the Government's borrowing requirement has increased and as a result there is more pressure to raise interest rates yet again, to be followed inevitably by the same vicious circle. It is this that must be broken.
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