0 A stop-and-go activity is one in which there are short periods of movement with regular interruptions:
We rejected this because we are totally committed to a period of continuous growth instead of stop-and-go.
Unless and until he does, many people will believe that this is just the beginning of another stop-and-go.
He also made reference to the accusations of a stop-and-go policy, but that is exactly what has been happening in the last 13 years.
Are we at the beginning of another stop-and-go?
The stop-and-go policy has not only been disastrous in areas such as mine but it has been wasteful of such investment as has taken place.
It should enable us to eliminate or reduce the shocking but hitherto apparently unavoidable stop-and-go episodes that have been so harmful to our rate of economic growth.
Our relative weakness in industrial efficiency will then be further increased because the stop phase of the stop-and-go cycle is forced upon us and investment would have to be re-judged.
I will not enter into an argument about stop-and-go—that is not my province—but it is worth remembering that whenever credit squeezes have occurred they have responded very well.
