Nick Clegg Interview Grab On Inflation

The transcript discusses the current strong economic growth and the golden opportunity for a sustained recovery that will benefit people for years. It warns against the dangers of political shifts that could jeopardize this recovery. The speaker highlights positive economic indicators such as lower prices and increased employment, emphasizing the importance of securing long-term economic stability.

What is the current economic situation described in the first section?

• Economic decline with high unemployment

• Strong growth with a chance for sustained recovery

• Stagnant economy with no growth

• Recession with increasing inflation

What opportunity does the current economic situation present, as mentioned in the first section?

• A chance to increase taxes

• A chance to cut government spending

• A chance for sustained economic recovery

• A chance to reduce foreign trade

According to the second section, what poses a threat to economic recovery?

• A government leaning too far left or right

• Technological advancements

• Increased foreign investment

• A balanced government approach

What is the main message of the third section regarding economic indicators?

• Rising prices and stagnant employment

• Lower prices and increased employment

• Stable prices and reduced employment

• High inflation and unemployment

What should be avoided to ensure long-term economic recovery, according to the third section?

• Lurching politically left or right

• Maintaining political stability

• Increasing government intervention

• Reducing public spending