Grocery prices
Sir, — A top Labour election policy was the “shopping basket." In contrast to the reply that Mrs Hercus gave to T. Murphy (September 17), she may do well to ponder a few points. She gives us vague statements such as “coherent policy development” and “a broad accord on wages.” No government which supports conventional practices in the areas of economics and finance has any chance of controlling inflation. If people whose means exceed their needs can continue to use their surplus to extort tribute, from others in the form of usury and profits, then their ever-increasing demands can be met only by payment in debased currency. This Government’s policy, except for a questionable devaluation, has so far been just words. Belt tightening might be better aimed at those who derive their living from usury, dividends, speculation and untaxed capital gains. — Yours, etc., J. G. HUDSON. September 19, 1984.
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Press, 22 September 1984, Page 18
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150Grocery prices Press, 22 September 1984, Page 18
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