“…’Where will we get the money from?’ They used to ask Nye Bevan that when they were building the NHS and all the council houses.
The country was skint.
He said ‘we’re going to borrow it’.
Make a comparison with the Private Sector – when the Private Sector expands, where do you think they get the money from? They borrow it. When Tesco expands, do you think they go into Tesco’s safe? No, they borrow it.
And that’s what we’ll do. We’ll do what the Private Sector does, we’ll borrow it.
That’s what we did in 1945, we built a National Health Service, a Welfare State and a free education from the cradle from the grave.”