Quote:
Originally posted by Glyn:
<BLOCKQUOTE>Originally posted by theboydonegood:
She flew right in the face and of the economic ideologoy prevalent at the time she came to office
|
Rubbish. Callaghan was already pursuing monetarist economics before Thatcher won the election due to the crippling balance of payments the oil crisis of 1973 had left us (and a lot of the industrial west). </BLOCKQUOTE>
nah, thatchers move away from government subsidised nationalised industry towards the free market was a master stroke, the country was stuck in a socialist quagmire. her rabid pursuit of a free market economy also faced stiff opposition from within her own ranks with she withstood.
We are all reaping the benefits of this now