"So what exactly should she have done? Our manufacturing was inefficient "
The answer must be "make it efficient". Just destroying it was not the answer.
Don't get me wrong...not all that she did was bad. Reform was long overdue - especially regarding outdated attitudes and working practices, but she only did half a job.
She destroyed the old without doing anything to replace it with the new. 'The new' is now all overseas.
The only 'new' that we got was a runaway spiv-driven service sector and various pigs with their snouts in the trough...and look where that has brought us to now.
The answer must be "make it efficient". Just destroying it was not the answer.
Don't get me wrong...not all that she did was bad. Reform was long overdue - especially regarding outdated attitudes and working practices, but she only did half a job.
She destroyed the old without doing anything to replace it with the new. 'The new' is now all overseas.
The only 'new' that we got was a runaway spiv-driven service sector and various pigs with their snouts in the trough...and look where that has brought us to now.
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