Frank Field MP
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1
APR
What Governments do and say can affect the course of an economic crisis. Their actions and statements can affect the all-important expectations of the rest of us. But once a crisis is underway Governments are powerless to rewind the film. On this score the Government has proved clumsy. The delay, allowing the Northern Rock crisis to fester over that long weekend where depositors queued to take their savings, left the Government well behind the curve. Likewise with its so-called stimulus
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