News for hackers. Stuff that matters.

A comment on UK Prime Minister Liz Truss resigns after just 45 days in office.. Parent comment

Re:UK Prime Minister Liz Truss resigns after just 45 days in... by ycombigator on Thursday October 20, 2022 @11:20AM (#33276083)
I grew up under Thatcher in 80s Britain (also 70's but too young to see it).

Britain's problem with labour unrest was rooted in other problems. Ironically, one being a problem we are seeing again now - massive inflation.

Yes, you can definitely 'solve' the problem of industry strikes by completely destroying the industry involved.

That's one option.

[ Parent | on HN ]
Re:UK Prime Minister Liz Truss resigns after just 45 days in... by PaulHoule on Thursday October 20, 2022 @11:50AM (#33276535)
Inflation always has an element of circularity in the explanations of it.

There's no doubt that workers would like to get a 10% raise in a year when there is 10% inflation. Since labor is a substantial input into the cost of services, it also seems like a plan to have at least 10% inflation next year.

[ Parent | on HN ]