Perhaps you would remember her differently if you were Polish, Lithuanian, Latvian, Estonian, (East) German, Hungarian, Czech, Slovakian, Rumanian, or Bulgarian.
Ray Jay wrote:Good point on Germany.
It's interesting to me how there are different narratives depending on where you sit. In the conservative press, it's about Britain was close to bankruptcy, she broke the unions that were strangling productivity, she de-nationalized companies that were grossly inefficient, she lowered the tax rate from 90% plus to 40%, and started an economic boom that propelled England from a declining power to a productive economy. Ricky and Danivon have shared a different narrative. I find the former more compelling, but that's where we end up on many of these discussions.
Sassenach wrote:It's worth pointing out that Thatcher's poll numbers are significantly better than any other PM since Churchill. There are more who see her as one of the alltime greats than there are who hate her, it's just that the latter group are more vocal.
My personal view is that her overall contribution was a positive one, but living where I do I can't get away from the fact that her adoption of shock therapy in the economy and her campaign to destroy the power of the unions in the traditional heavy industries was overzealous. Sheffield has never really recovered from the mass redundancies of the 1980s. It plunged the whole city into welfare dependancy and social alienation. To some extent this was a natural and inevitable outcome of deindustrialisation which would have happened anyway, but the brutal nature of the way Thatcher's policies brought about the collapse of Sheffield and other industrial cities is a bitter pill to swallow and I can totally understand why she's still reviled in certain parts of the country. It didn't have to be this way. The old, inefficient industries could have been wound down gradually and people could have been helped to find alternatives.
Ray Jay wrote:I find this notion of quick and brutal vs. gradual to be very interesting. In some ways, I think that the US is like the pre-Thatcher UK. We have become ungovernable with polarized ideologies and politics. we can't even seem to do the easy things like standing up to the ethanol lobby or stopping much of the Sat. mail delivery. If you make the change gradually, the special interest retains its footing and keeps the program alive and feeding at the federal trough. Eventually the politics realigns and the program grows back more convoluted and more expensive than before. Perhaps the only way to make change is to do it quick and brutal.
rickyp wrote:The rise of a Maggie Thatcher in the US is less likely because of the different political systems.
Well, let's really look at those things.Ray Jay wrote:In the conservative press, it's about Britain was close to bankruptcy, she broke the unions that were strangling productivity, she de-nationalized companies that were grossly inefficient, she lowered the tax rate from 90% plus to 40%, and started an economic boom that propelled England from a declining power to a productive economy.
I find this notion of quick and brutal vs. gradual to be very interesting. In some ways, I think that the US is like the pre-Thatcher UK. We have become ungovernable with polarized ideologies and politics. we can't even seem to do the easy things like standing up to the ethanol lobby or stopping much of the Sat. mail delivery. If you make the change gradually, the special interest retains its footing and keeps the program alive and feeding at the federal trough. Eventually the politics realigns and the program grows back more convoluted and more expensive than before. Perhaps the only way to make change is to do it quick and brutal.
Just guessing here, but when GWB dies, you will see FAR more lefties celebrating than you will see righties celebrating when Obama dies. I hope the numbers in either situation are small (and thankfully probably will be) but no doubt, the left will win this horrible contest of who is uglier in tragedy.