manufacturing was hardly a success in the 1970's. It was in fact trashed long before Thatcher
Like to give some examples?
British industry was overdue for investment, and it was Thatcher that trashed what was left of it.
Since that time the collective British psychi has been indoctrinated with the idea that Britain is not up to manufacturing, we could have done as well as the Germans with the right leadership and investment.
Many of the problems around today have their roots in the Thatcher era - one example being the Incapacity Benefit system, which her Government brought in to massage the massive unemployment figures that her policies created.
The privatisation of training has been a disaster for Britain, and has created many a skills shortage - gas and plumbing being just one example.
Turning over the care of the elderly over to the private sector has led to poor training and lack of decent care.
The jungle created by the Thatcherite ideology has seen thousands of small businesses come and go over the past 30 years, and Britain has become a safe harbour for big businesses, many of whom operate as monopoly players.
Junk food sold through an American model of franchising; the virtual collapse of individual pubs across Britain has seen large chains taking over. Retail food dominated by supermarkets. DIY market dominated by a national chain, as will be plumbing merchandising in a few years time.
Working people were sold the idea that letting the rich prosper would be good for all concerned (i.e. the trickle down effect of wealth) which never really happened, the fool's gold of the Thatcherite promise was propped up by easy credit and the rise in house prices. Not surprisingly the bubble eventually burst!
Water has become a "precious commodity" since the privatisation of the water boards, and they can't wait to sell the stuff by the litre.
The pubic have been ripped off for gas and electric for some time, and despite massive profits, Britain is poorly prepared for future energy supply.
Working people are giving up their jobs because the can't afford the rail fares to get to work.
Bentley is something of a pawn put in place to run the machine that prints money quicker than the Treasury can.
And still the media churn out the propaganda that says privatisation of everything is the only viable model.
The accusation that the media have been misleading about this fat-cat payoff is seriously amusing.
