“How to wreck an incomes policy without really trying", "First essential", "In the first place, the only hope of selling to the trade unions the idea that it is in the interests of wage and salary eaners to accept the disciplines implied by an incomes policy lies in demonstrating to them that real earnings will rise faster with such a policy in operation than without onesseeeSecondly, there has been the unfortunate tendency for the incomes policy to be applied in such a way that it is has begun to look very much as though there is one incomes policy for the rich and one for the poor or perhaps more accurately, one for the professional classes and one for the rest. Itisa matter of cold fact that the increases in incomes that have taken the public's breath away since the incomes policy entered the picture ell affected professional groups - judges, doctors, top civil servants, Members of Parliament and Ministers of the Crown," Who said this? Not some naughty left-wing M.P., not some striking seaman, not even a well-turned out member of ASSET - but Lombard, commentator in the Financial. Times (May 23rd), It seems as though Wilson's incomes policy is like B.0. everyone knows about it, but even your best friend won't tell you. Perhaps we should send a copy of the Financial Times to Mr. Wilson. But maybe I'm wrong, because Lombard is Wilson's best friend,
The WeekThe Week Vol. 5, No. 21, 26 May 1966
Who Said It?
The scan: The Week v5 no21.pdf (PDF, Marxists Internet Archive, opens at this page)
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