The late James Callaghan on the economic crisis
"We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step."
La frase la cita Thatcher en su autobiografia. La estaba buscando en internet para ponerla en los morros de algun keynessiano que otro.