Re:Ex-Prime Minister Baroness Thatcher dies, aged 87
by rahoulb on Monday April 08, 2013 @05:40PM
(#5514820)
I honestly don't know about the economics of it. But threatening to leave a whole city (Liverpool) to rot was typical - and the fact that she is still sung about at football matches over 20 years after she was forced out (http://www.youtube.com/watch?feature=player_embedded&v=x...) shows how deep the scars run.
Some people think she was involved in a class war - I don't, I think she honestly believed in social mobility (unlike the current government which is rule by the rich for the rich). But she did devastate huge parts of the country and just regarded it as a fact, not even something to be regretted.
Re:Ex-Prime Minister Baroness Thatcher dies, aged 87
by jrabone on Monday April 08, 2013 @06:13PM
(#5515013)
Having grown up near Liverpool in the 80's, frankly I wished they'd just bulldoze the place. Does no one remember Derek Hatton and the loony left?
Re:Ex-Prime Minister Baroness Thatcher dies, aged 87
by matthewjhughes on Monday April 08, 2013 @07:43PM
(#5515488)
You should have a look at Liverpool now. It's doing really well for itself. We have a vibrant startup and technology scene, and the city center has been drastically transformed since 2008 when it was Capital Of Culture. I can honestly see it becoming the San Francisco of the UK.
Was there a less painful way to do it? From what I've read, Britain was in some really serious trouble. I wouldn't say that they were at Greece's level of stagnation and financial trouble, but they were definitely hurting. People were going to get hurt regardless of what policy was implemented, and I think it was better to get it all done in one harsh, nasty blow than to slowly cut away the problems and create decades of uncertainty.