Salient. An Organ of Student Opinion at Victoria College, Wellington, N.Z. Vol. 13, No. 11. June 8th, 1950
Fireworks
Fireworks
In conclusion, I quote the "Economist" of 5/11/49 (a significant date) on similar questions in Britain:
"It is not claimed that such a policy of cutting expenditure and taxation would be popular-only a strong [ unclear: government fresh] from the, polls could contemplate it. But it is claimed that it would have a most powerfully stimulating effect upon the national economy."
The abolition of subsidies is in my view a necessary part of the stimulation process which is essential, to a stable economy. -Four Square.