Originally posted by expat
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The Thatcher government did what had to be done, make a permanent and huge change to the whole logic of how the UK worked, and they would have done the same no matter which party they represented, it was the only way to turn UK around - else we'd be no more sifnificant than Portugal by now and Bonn would be the world's financial capital not London. The macroeconomics are quite clear - if something hadn't changed in 1980, regardless of who changed it, we'd be in an utterly different Britain.
The failure of Brown is not related to the Thatcher revolution, nor to Major's ineptitude: he took a stable, growing and organised economy and corrupted it in the interests of old-fashioned centralist theories that even the French have abandoned. He has spent £700bn additional taxation and has absolutely nothing to show for it, not even a reserve account in the piggy bank, and he's just committed us to an utterly foolhardy £100bn spend aimed at missing the EU's green target for 2020 by 90%.
So not someone on my Christmas Card list then...
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