Enhance Your Quote Experience
Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.
The nation's economic welfare depends largely upon our ability to make and sell the exports necessary to buy the imports we need to feed our people a… - Clement Attlee
" "The nation's economic welfare depends largely upon our ability to make and sell the exports necessary to buy the imports we need to feed our people and keep our industry going. Our costs of production are of vital importance and they depend to a considerable extent on the amount which industry has to pay in profits, salaries and wages. These in turn in the form of individual incomes affect the total volume of money available in relation to the quantity of goods... It is essential, therefore, that there should be no further general increase in the level of personal incomes without at least a corresponding increase in the volume of production. Unless we are prepared to check any such tendency we shall find ourselves unable to fulfil our export task owing to the rise in costs, which will also be reflected in rising prices on the home market.
English
Collect this quote
About Clement Attlee
Clement Richard Attlee, 1st Earl Attlee KG OM CH FRS PC (3 January 1883 – 8 October 1967) was Prime Minister of the United Kingdom from 1945 to 1951. Coming from an upper middle class background, Attlee was converted to socialism through working in the East End of London and became MP for Limehouse in 1922 (later Walthamstow West from 1950–55). He served as Deputy Prime Minister in Winston Churchill's war cabinet during World War II. He was elected Labour Party leader in 1935 and won a landslide victory in the 1945 election; his government put in place the welfare state including the National Health Service. Attlee was known for his laconic turn of phrase.
Also Known As
Birth Name:
Clement Richard Attlee
Alternative Names:
Clement Richard Lord Attlee
•
Earl Attlee
•
Lord Attlee
•
Viscount Prestwood
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Clement Attlee
The nationalist and imperialist delusions that run through all this document are far more wild than any idealist dreams of the future that we hold. But we say that if there is this menace, it is not going to be met by any policy of alliances. It is not going to be met by attack. We loath and detest the military spirit, the tyrannical spirit which has shown itself all over the world. You will never beat this by attack; you will only beat it by putting something far bigger in its place.
Enhance Your Quote Experience
Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.
Ever since the population of this little island grew large, trade has been its livelihood. We imported food and raw materials and paid for them by exports of coal and manufactures, by earnings from shipping and other services, and by interest on foreign investments. The first world war injured our position seriously, the second had far worse effects. When we stood alone in the second world war we threw all that we had into the battle... We sold our foreign assets. We reduced our production of civilian goods to a minimum. We lost nearly all our export trade and much of our shipping... We have, therefore, to face now before we have recovered from the effects of the war, and before our long-term plans have taken effect, the necessity of relying entirely on our own resources. This is a situation as serious as any that has faced us in our long history.
Loading...