margaret thatcher vs neil kinnock at pmqs part 2

[ForeverComplaining]

@mrjkt123 That milk was revolting and a waste of money and people can easily afford a bit of milk and if you can't then you are to blame and you shouldn't be so irresponsible having children when you can barely even afford a glass of milk a day.

How exactly is that stealing? She gained nothing. I think it's stealing as you're taking tax payers money simply because people are too lazy to give their kids milk.

[ForeverComplaining]

@wellazful Selfish? we're the ones who work and pay tax we're not the ones who're dependant on the state and the workers hard earned tax money for a living or who are so irresponsible that they breed children, whom they can't afford to bring up.

[ForeverComplaining]

@mrjkt123 Don't know what will be in the parcel, probably something stolen knowing you socialists and your track records.

[Kallytom]

didn't always agree with her policies but i will always admire her conviction, the most powerful leader this country has seen since the second world war!!

[chestikov2011]

When the likes of Kinnock was in opposition , the stumbling block for a half arsed Labour programme would be the question " And how are you going to pay for it " Tony blurt when he cottoned on to spin and personality polotics coined the phrase "And this will be paid for by the windfall tax " Tony was son of Thatcher Labour ditched clause 4 part 4 ,,,,,, So Britain is now without a Left opposition ☭ ☭

[sl9sl9]

There will not be another like her, that's for sure.

[TheJmax1998]

Interesting, personally I think Thatcher was a bit shaky on that question from Kinnock, she didn't answer it.

[fair66115]

What a fabulous example of old labour being crushed by maggie. He put it right when he said, "Labour were no match for thatcher." Kneel Kinnock would indeed have knelt.

[herniaface]

is she dead yet?

[ForeverComplaining]

@herniaface Heavens no, the devil wont have her as she'll close down the fernances and heaven wont have her, she doesn't like one man dictatorships!

[fair66115]

It was a LABOUR government that let inflation rip to 26.9 per cent. It was a LABOUR government that let the top rate of tax soar to 98 pence in the pound. The unions own labour. They steal wealth and give nothing back.

[slimes23]

That top rate was on only a tiny slice of income at the top. Inflation saw similar levels under the Heath government and actually fell under Labour.

[Indul1]

@fair66115 Inflation was that high because of the oil crisis...

[fair66115]

@Indul1 and not because of the socialist policies of a 1970's Labour Government? What were their plans to bring inflation down? Did the voters believe they had a viable plan that would work? Obviously the voters of Britain had no trust at all in Labour in May of 1979 else they wouldn't have been swept from power by the tories.

[fair66115]

@Indul1 So it was not the socialist and union controlled policies of tyranny and blackmail that contributed to that horrific inflation rate? It was just the oil shortage? Obviously the voters did not believe that at the time else Labour would have won in 1979 rather than to lose a vote of no confidence by one vote and subsequently lose the 1979 general election to the tories.

[Indul1]

@fair66115 Inflation is not caused by unions...its caused by the tendency to overprice at the point of production...The Labour government of the time retreated from the polices it was elected on and accepted a foolish IMF loan that it did not need and set the grounds for a showdown with the trade unions imposing pay cuts when inflation was double that. Please try a nuanced understanding.

[zephyruk]

@Indul1 The Labour government at the time, like all governments, was dependant on lending. You are right in saying that the Labour government didn't need the IMF loan, but that wasn't clear at the time - the Treasury and everyone else was forecasting that a loan would be needed. As Denis Healey pointed out, when borrowing, it is the person lending the money who sets the terms & conditions & the price paid. The Labour government needed to convince the markets that they were credit worthy.

[slimes23]

What about the slow down of 1974? or 1980?

[rictorn]

that nasty woman was good 4 the rich bad for the country

[britishjohn04]

Only a labour leader could be annoyed that the British peoples' purchasing power would rise against a foreign currency. Low inflation is the most important thing of all.

[slimes23]

Or possibly Nigel Lawson who introduced the 'Deutsch Mark cap'. God you must be thick.

[britishjohn04]

This video is about Thatcher and Kinnock, not Lawson. There was tension between Thatcher and Lawson, and in fact the whole cabinet because she was far less keen on policies that would lead to a European superstate. Oh and when you attack people personally, it makes you look think and unable to win the argument, without being a degenerate git with poor manners.

[slimes23]

You just said that only a labour leader could be annoyed at further appreciation of the pound. Was Nigel Lawson a labour leader or are you withdrawing your original claim? It's one or the other I'm afraid.

[britishjohn04]

How do you know Lawson's exact emotion on the subject? Unlike you, I don't see things in a simplistic monotone of black or white. It is very telling that you are arguing about the semantics of what I said, rather than the issue of inflation, which was of course the main thrust of my point. No matter how you distract people, most of us know that Labour governments turn to inflation when they have robbed us blind with taxes. Socialism never pays, not even for the poorest.

[slimes23]

How do I know Lawson's emotions on the subject?: he introduced the deutsch mark cap and defends it to this day.

I've said nothing about the semantics and I would point out that the inflation of the 1970s was born in the Heath era.

So do you think Lawson was a labour leader or were you just wrong?

[slimes23]

Just out of interest why do you think Lawson introduced the DM cap?

[zephyruk]

That's all very well, until the country goes bankrupt because the pound's value is so high that it stops people abroad buying *our* goods

[britishjohn04]

Bankruptcy wouldn't happen because a rising currency would force a voluntary devaluation, which would be a chosen devaluation with huge budget surpluses, which would allow a period of high consumption and importation, until the balance in currency strength is corrected. Bankruptcy is more likely when a nation employs a big government, high spending, high debt policy; a lot like the current economic policy. A smart economy would be one that pivots from manufacturing to consumption and then back

[zephyruk]

So you're talking about governments manipulating the markets to devalue their currency "voluntarily"? So much for free market Thatcherism. What happens when other countries devalue their currencies 'voluntarily' or start a trade war?Where are these budget surpluses coming from? You've been saying how great a strong currency is for people's purchasing powers abroad. strong currencies mean that the money flows out but does not come back in - your own exports have been priced out of the market

[slimes23]

No the Tories would have been in serious trouble. You obviously haven't thought it through.

[HAZIDEAD]

I know realize how many of the lines Tony Blair used at question time with such devastating effect were plagiarized from Maggie...The difference was of course that Mrs Thatcher saw 30 years in advance what's coming when everybody was against her. While Blair had everything handed to him on a golden platter.

[slimes23]

They weren't plagarised from this exchange.

[DevonnyfromOusack]

Great vid :-)

[Formula1MotorRacing]

Thank you for this. Fantastic!

Do you know what year this was?

[thatcheritescot]

it was 1988. glad u enjoyed!

[Formula1MotorRacing]

Thank you. And thanks again for uploading.

[fair66115]

@thatcheritescot I love all of this Iron Lady coverage. Especially from a Scot because as I understand it the Conservative Party is not popular in Scotland. Seems that the Scottish parliament is dominated by the nationalists which is a pity. As a United States citizen I would hate to see the break-up of the United Kingdom... our mother country.

[slimes23]

@gazz12345a So less than the Lib Dems nationally!!! Nice one cretin ; )