"[The effect of the Suez Crisis on the French was quite different.] We turned across the Atlantic. They turned across the Rhine, and Europe was built without us. There is room for argument about the causes of what followed. There is no doubt about what happened. Over the first 13 years of the [European] Community's life national income per head increased by 72 per cent in the Six and by 35 per cent in Britain. The result was that from being almost the richest country in Western Europe we became one of the poorest. France for the first time since the industrial revolution surpassed us in economic strength. The German economy achieved nearly twice our weight."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Roy Jenkins, The Richard Dimbleby Lecture ('Home Thoughts from Abroad') (22 November 1979), quoted in The Times (23 November 1979), p. 5
https://en.wikiquote.org/wiki/Economy_of_the_United_Kingdom
Revision History
No revisions have been submitted for this quote.
Categories
Economy of the United Kingdom
8 quotes on TrueQuotesView all quotes by Economy of the United Kingdom →
Related Quotes
"We've been working to restore the political system to bring out all that was best in the British character. That's wh…"
"What is at issue is not union membership but compulsory union membership and not the right to strike but the right to…"
"What I have in common with the right hon. Member for Cardiff, South-East (Mr. Callaghan) is that, undeniably, our gen…"
"Recent American research has shown that as early as 1880, the British Empire was producing an economic return lower t…"
"If simply printing and spending more money would cure our problems we should by now be one of the wealthiest nations …"
"For years there was a widespread belief that we could have inflation and a high level of employment at the same time.…"
"The whole existence and development of capitalism in Britain and France between 1885 and 1960 was bound up with colon…"
"You have to let music take you over, put ego aside, be a clean conductor – in the electrical sense."
"When I tell people I’m a trumpet soloist, there are three kinds of response I usually get: “Wow, what a great job!”, …"
"I believe the emergence and explosion of jazz in the last century is one of the pinnacles of human achievement."