Why doesn't it mention the fact that Thatcher inherited inflation at 8% and brought it to a peak of 22% in 1980 (along with negative growth, high unemployment, huge bankruptcies), only getting it down to 1979 levels in 1982?
Thatcherism is supposed to be about hard work eh? But they take good, hard work out of the hands of millions of ordinary people and place them on the welfare rolls. Socialism is about ensuring that everyone has the chance to WORK HARD. It stands for everyone engaging in hard work. Conservatism stands for more people on the dole, they created the class of scroungers we see today.
You need to read a econ book. What is "good" hard work? How can a govt pay people to do work for a business that is going bankrupt. E.g. Making cars no one bought. Tax payers loses and so does innovation. Chance to work hard ! No paying people to make a product no-one buys is not good.Better they are on the dole.
UK needed to change but closing down industry so fast was a mistake.So we have areas with no jobsThey had to break the cycle and should have invested in new ventures
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Texfield91 2 months ago
Why doesn't it mention the fact that Thatcher inherited inflation at 8% and brought it to a peak of 22% in 1980 (along with negative growth, high unemployment, huge bankruptcies), only getting it down to 1979 levels in 1982?
freethehuman 9 months ago
@freethehuman she brought it to 4% in 1983. you conveniently left that part out.
Texfield91 2 months ago 3
@shanekeane200123456 LOL! Mike Tyson song; thats what I thought when I first heard it.
RurickTheGreat 11 months ago
The song in the beginning of this part: what is it?
SyKmGl 1 year ago
What's the song at 2:09?
StanleyDonwood 1 year ago
@StanleyDonwood Ashes To Ashes by David Bowie
TV1Totoya 10 months ago
Isn't this what George Osbourne is doing now???
PadrethePio 1 year ago
@PadrethePio
I wish
StanleyDonwood 1 year ago
@getmadgetmad1
YouTube: The Big Picture FINAL 3/9
YouTube: The Obama Deception HQ Full length version
YouTube: Max Keiser: Economic Predictions for 2011 & Monsanto's Seeds of Destruction - Alex Jones Tv 1/5
wolf7379 1 year ago
@getmadgetmad1
YouTube: The Big Picture FINAL 3/9
YouTube: The Obama Deception HQ Full length version
wolf7379 1 year ago
@getmadgetmad1
Interesting point. I need to read up on this
veegta83 1 year ago
Haha the guy at 3:46 is brushing his teeth while demonstrating
1040655 1 year ago
Thatcherism is supposed to be about hard work eh? But they take good, hard work out of the hands of millions of ordinary people and place them on the welfare rolls. Socialism is about ensuring that everyone has the chance to WORK HARD. It stands for everyone engaging in hard work. Conservatism stands for more people on the dole, they created the class of scroungers we see today.
Hypocrisy at its finest.
socialistperson 1 year ago
@socialistperson
You need to read a econ book. What is "good" hard work? How can a govt pay people to do work for a business that is going bankrupt. E.g. Making cars no one bought. Tax payers loses and so does innovation. Chance to work hard ! No paying people to make a product no-one buys is not good.Better they are on the dole.
UK needed to change but closing down industry so fast was a mistake.So we have areas with no jobsThey had to break the cycle and should have invested in new ventures
veegta83 1 year ago
The 1981 budget didn't go far enough.......
gopconservative78 2 years ago 13