Originally Posted by rayq81
Great service ????
Destroyed the Coal industry, the steel industry, the ship building industry, the car industry (well it took a while but it did die) almost brought Britain to its knees, sold everything and anything, the cause of the greed nation that is now about to collapse under its own stupidity, she will be remembered by most as a tyrant. Except the few that bought and sold the rest of us.
Modern Britain has Thatcher to thank for setting the precedent where new Labour has followed. may she burn in hell
The coal industry destroyed itself. It was unprofitable and the unions were trying to use extortion as a bargaining tool..At the time they couldn't sell the coal they were mining. It was cheaper for business and power stations to buy coal from Poland at 2/3 the cost.
The steel industry succumbed to market forces. It was unprofitable in the face of foreign competition. It only survives now because it concentrates on high quality steel and if I'm not mistaken is Indian owned ?
Likewise shipbuilding, if you dont get orders you can't make ships. Japan was building them faster better and quicker. QED
Cars:
The TR7 plant in Merseyside closed because workers believed the empty promises of the unions and were convinced the govt would bale them out and satisfy their greed. They didn't, and the rest is history.
BL, The greatest and most mis-managed car company ever, needed little help collapsing, it owed millions in loans and was being strangled by working practices that if I described them here you would not believe me.
Thatcher took a grip of this country and turned it around following the appalling Labour years that left this country in debt to the IMF for billions. Rightly or wrongly she gave the country it's pride back (though the Falklands Conflict). And the country to the people if anyone is to blame for problems that have since arised it is a minority of our own country men who exploited the system for their own ends.
I remember all this because I lived through the Callaghan years and the Thatcher years.
and now its our turn..We will now have to pay back the billions Brown has borrowed (we were debt free under the Conservatives) and are heading for a recession as Tony's years of ineptitude bite.
I'm sorry if this is upsetting but these are the facts of life
The UK wasn't and isn't a charity.
