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originally posted in: Breaking News: Margret Thatcher Dies
4/8/2013 1:56:39 PM
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Not sure how to feel, really. I know that a lot of people hate(d) her because of her treatment of unions and other things. On the other hand, she apparently made the UK something of its old, industrial self in the '80s, and fought the Argentines in the Falklands, so that was good of her. Yeah. Don't know.
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  • I think this quote surmises some of the shortcomings of Lady Thatcher. [quote]Councillor David Williams, leader of the Green Party councillors in Oxfordshire, says: "Worshipping personal wealth and neglecting the common good became acceptable political creeds under her leadership and led directly to corporate greed and Westminster corruption. "She privatised public utilities such as gas, electricity, telephones, railways, allowing private companies to use their monopoly position to squeeze the people and line their own pockets. She orchestrated a fight with the miners to punish them, starved the NHS of precious resources and half-destroyed local government."[/quote]

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  • The British economy peaked in about 1880, after which there was a gradual decline in comparison to the US and later our European buddies. During Thatcher's premiership that decline was halted, and reversed. I'd advise caution where criticising her on economic grounds is concerned.

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  • I haven't been critical on economic grounds, ideological yes, economic policy - no. I certainly could be. I'll go this far with my criticism here. The ideological economic model that was pursued during Thatchers Era and subsequently - is inherently unstable. She did not [i]devise[/i] that model; but was key in its implementation. As far as her death goes, i'm entirely indifferent. Her Legacy? Not so keen on.

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  • She inherited an economy that was in shit state. Your quote criticises her for fighting the miners; they, along with several other industries, were the problem. The British economy came of age too early, and from then on was bogged down in old industries that failed to match the newer economies elsewhere. When the Americans were making automobiles, we made textiles. When they were making planes, we mined coal. Thatcher cleared out the dead wood. That came at a cost - there were all sorts of little c conservatives who opposed the changes because it damaged their own little fiefdoms; case in point: trades unions. (An interesting comparison is the structure of trades unions in the UK / abroad. Domestically, they were much older, and much more fragmented. Abroad, they were more centralised. In the post-war era, the foreign trades unions negotiated deals with their industrial leaders that allowed for mutual growth - meanwhile, the fragmented British unions were fighting short-termist battles that crippled industrial growth.) Your quote criticises privatisation; the state of the nationalised industries at that point mandated action. Too many had become bloated and inefficient. Perhaps some of the privatisation wasn't amazing, but to have ignored the problem was unsustainable - too much public money was being spent on subsidies to these industries. I would compare this to the question of public debt that we face at the moment - spending cuts aren't exactly fun, but the question of long term sustainability has to be answered, however painful the answer may be. When Cameron and Osborne die there will no doubt be widespread condemnation of their actions - but it is worth pointing out that their actions differ from Darling's manifesto policies by only a few %. The pain of her reforms was short term unrest and upheaval, but the benefits persist to this day. Come the ICT era of the 90s, the British economy was no longer shackled by its past, and significantly outperformed other economies during this period. The growth period of the 90s was her legacy.

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  • She didn't fight the argies, the British army did, and she is the reason for today's Britain having next to no industry. Go up Scotland and ask anyone up there about thatcher, and you will no how bad she was.

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  • Edited by Tartan 118: 4/8/2013 2:05:03 PM
    [quote]She didn't fight the argies, the British army did.[/quote] Well, no shit, but no army goes to war without the country's leader making the decision. Unless things are weird.

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  • Edited by CraigWCK: 4/8/2013 2:09:35 PM
    The point is, they could have had a 12 year old in the PM office and he would have made the same decision. "We should send our army to fight their army!" "BRILLIANT! You are such a good leader miss thatcher" Why people think signing a bunch of forms made her a decent leader is beyond me.

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  • I'm sure there are lots of 12-year-olds out there that aren't familiar with the complexities of war, nor would have had the balls to stand up to Argentina.

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  • Just ignore the commies. They like running their mouths where nobody knows who they are.

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