Re: Any economists out there?
Originally Posted by
Bruce
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For over 20 years.
Cheltenham, Borough Green, Folkestone, Finsbury Park, Brixton.
Then if you lived in the UK during the years prior to the Thatcher government took office you might have seen how the Labour administrations in conjunction with highly politicised unions and week Tory governments had not taken Britain to the brink of economic collapse but in some cases where essential imports were concerned pushed it over.
Lame Duck industries, coal that cost more to produce than it could be "sold" for to the domestic energy sector, massive inflation rates that we're adding fuel to the fire escape result of union brute force, car manufacturers turning out crap cars that cost more to produce etc. Spanish Practices, and so very much more.
Thatcher dealt with this as an oncologist might deal with a malignant tumor. A combination of surgery by getting shot of Dead Ducks and chemotherapy by breaking the power of the unions.
For the patient (the UK) the surgery hurt and bits had to be excised. The chemotherapy affected the way of life that had become accepted but was killing the patient, and the UK was leaner but very much fitter afterwards.
It is a crying shame that so many people forgot the years immediately before the Thatcher government came into office and believed the clap-trap that the silver tongued Blair trotted out.
It is also a crying shame that the powers that be in the Conservative Central Office decided to put up a seemingly soft cuddley in the form of Cameron as leader who promptly brought Clegg into play and Clegg promptly obstructed the steps that Cameron should have got going from day #1.
And there is communicated more.
If only we had a Margaret Thatcher clone to come to the aid of the UK today because Theresa the spear carrier May certainly comes nowhere near what we need.