The combined efforts of Government policy since 1979 have been not to improve but substantially to worsen our competitive position. We have gone from… - Roy Jenkins

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The combined efforts of Government policy since 1979 have been not to improve but substantially to worsen our competitive position. We have gone from a huge manufacturing surplus of £5.5 billion in 1980 to a 1986 third quarter deficit of £8 billion a year...Even with oil production continuing for some time, the current account has gone from a £3 billion surplus to a deficit predicted by the Chancellor of £1.5 billion...Sadly, the Government's great contribution, having refused to stimulate the economy by more respectable means, is a roaring consumer boom, which there is not the slightest chance of their moderating before an election. A roaring consumer boom does not, to any significant extent, mean more employment. In our competitive position, worsening under the Government, it means overwhelmingly higher imports, a still worse balance of payments position and a classic path to perdition. To have produced, after seven and a half years, the combination of total monetary muddle, a worsened competitive position, a widespread doubt in other countries as to how we are to pay our way in the future, a desperately vulnerable currency and the prospect of an unending plateau of the highest unemployment in a major country in the industrialised world is a unique achievement over which the Chancellor is an appropriate deputy acting presiding officer.

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About Roy Jenkins

Roy Harris Jenkins, Baron Jenkins of Hillhead OM PC (11 November 1920 – 5 January 2003) was a British politician who served as the sixth president of the European Commission from 1977 to 1981, having previously been one of the primary proponents of British entry into the European Economic Community. At various times a Member of Parliament (MP) for the Labour Party, Social Democratic Party (SDP) and the Liberal Democrats, he was Chancellor of the Exchequer and Home Secretary under the Wilson and Callaghan Governments. He initially identified as a democratic socialist, and later as a social democrat and centrist. As Chancellor of the Exchequer, he pursued a tight fiscal policy to control the inflation of the pound sterling. As Home Secretary, he was responsible for abolishing capital punishment and decriminalizing abortion, homosexuality, and divorce. He ran in the 1976 Labour Party leadership election to become Prime Minister, but was defeated by James Callaghan and briefly retired from British politics to serve as President of the European Commission. He returned to Britain to help found the Social Democratic Party, which formed an alliance with the Liberal Party under David Steel and was intended as a centrist alternative to the Conservative Party under Margaret Thatcher and the Labour Party under Michael Foot. However, he resigned as Party Leader after the SDP-Liberal Alliance failed to outpoll the Labour Party in the 1983 general election.

Also Known As

Birth Name: Roy Harris Jenkins
Alternative Names: Baron Jenkins of Hillhead Lord Jenkins of Hillhead
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Additional quotes by Roy Jenkins

We exist to change society. We are not likely to be very successful if we are horrified at any suggestion of changing ourselves. One of the things from which we are suffering is a misplaced national complacency: a belief that we do things better than anyone else. Do not let us be too afraid, as a Labour Party, of learning from some of our friends abroad. Parties all over the world have been modernizing themselves. There are only two unreconstructed socialist parties in the world—the French and the Australian. Do not let us be too conservative, complacent, and insular.

It is the police who are our main protection against terrorism and it is to the police that we must give our sustenance and support. It cannot be without reluctance that we contemplate powers of the kind proposed in the Bill, involving as they must some encroachment—limited but real—on the liberties of individual citizens. Few things would provide a more gratifying victory to the terrorists than for this country to undermine its traditional freedoms in the very process of countering the enemies of those freedoms. This we must keep in mind not only today but in the future as we persevere in what may not be a short struggle to eradicate terrorism from this country...the Bill proposes strengthened powers in four broad areas. First, it proscribes the IRA and makes display of support for it illegal. Second, the Bill makes it possible to make exclusion orders against persons who are involved in terrorism. Third, the Bill gives the police wide powers to arrest and detain, within limits, suspected terrorists. Fourth, it gives the police powers to carry out a security check on all travellers entering and leaving Great Britain and Northern Ireland.

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