I believe that the long-term outlook for Britain is good, But the Oil Crisis has undoubtedly hit our country hard.
But the Oil Crisis in itself was already doing this job, so that there is not much of a bonus in the hire-purchase restrictions, either.
I recognise that part of this was in the period before the present Government took office, But the Oil Crisis and the developing economic situation since then has made it clear that we must put real question marks over this rate of growth.
This is speculation, But the Whole Oil Crisis in 1973 came upon us more or less unheralded.
But the Oil Crisis and the recession have done their damage.
I believe that the longterm outlook for Britain is good, But the Oil Crisis" - the sharp increases in the price of oil had just occurred - has undoubtedly hit our country hard.