We are spending 6 per cent more than we are earning... You can also bankrupt a nation by excessive wage demands... That is why I said that it is better to have a lower standard of life for all workers than for some of them to be unemployed.

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Quote text and notes from Wikiquote: Denis Healey (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.