HC Deb 24 February 1981 vol 999 cc337-8W
Mr. Austin Mitchell

asked the Prime Minister whether she will publish in the Official Report the evidence on which she based her assessment that expenditure by Governments to reduce unemployment had led to higher costs, Official Report, 5 February, c. 415.

The Prime Minister

The failure of traditional policy is clear for all to see. Inflation started to accelerate markedly during the 1960s from an average of 3 ½ per cent. to 12½ per cent. in the 1970s. There is now a widespread international consensus that priority should be accorded to the defeat of inflation.