08-04-13, 07:32 PM
If any of you had ever studied anything about economics you'd be mourning her death - under her rule an economy suffering a ridiculous level of inflation, held to ransome by unions was changed into a globally strong and powerful economy. Some of her moves were tough, yes, but if she hadn't had the balls to do what she had the ENTIRE UK economy would have entered a GREAT depression, akin to that suffered by Germany after WW1.
Unemployment may have been high during her period in office, but that was not her fault - you can trace this back to decades of under investment in the British economy by previous governments - it was her bad luck that it was during her time that this came to a head and drastic measures had to be taken.
She cut government spending massively, privatised hideously unprofitable branches that were previously gvoernment owned (improving profits and cutting customer prices in many cases as a result of this).
She didn't just benefit the rich either! She opened the stock markets to your everyday man, over a million families bought their own homes as a result of her policies, and the drop in income tax from 33% to 25% she instituted benefitted many less well off families.
Say what you like about her, she made a success of the country in one of it's darkest hours!
Unemployment may have been high during her period in office, but that was not her fault - you can trace this back to decades of under investment in the British economy by previous governments - it was her bad luck that it was during her time that this came to a head and drastic measures had to be taken.
She cut government spending massively, privatised hideously unprofitable branches that were previously gvoernment owned (improving profits and cutting customer prices in many cases as a result of this).
She didn't just benefit the rich either! She opened the stock markets to your everyday man, over a million families bought their own homes as a result of her policies, and the drop in income tax from 33% to 25% she instituted benefitted many less well off families.
Say what you like about her, she made a success of the country in one of it's darkest hours!