Norman Tebbit

[Badger11]

What is equality? Poverty is relative. What's the track record of your model?

They’ve achieved equality in socialist Venezuela. Everybody is now poor 😀

 

[chris123]

They’ve achieved equality in socialist Venezuela. Everybody is now poor 😀

More oil than Saudi

 

[kingdowieonthewall]

As a young man in the 80s I hated him & Thatcher, being the awful Left wing bore that I was then.
Political views are not like footy teams, you can change them (being self employed sorted that for me)
If only we had him & T. now.
RIP Norman.

 

[georgenorman]

He was a Green ahead of his time with his championing of cycling.

 

[Stirlingsays]

As a young man in the 80s I hated him & Thatcher, being the awful Left wing bore that I was then.
Political views are not like footy teams, you can change them (being self employed sorted that for me)
If only we had him & T. now.
RIP Norman.

Well, stick around as you're probably going to get 'son of Thatcher' Farage in 28.

But personally I don't see it making that much difference......It's a different economic world with different power structures and dynamics.

 

[chris123]

Well, stick around as you're probably going to get 'son of Thatcher' Farage in 28.

But personally I don't see it making that much difference......It's a different economic world with different power structures and dynamics.

Gdp, inflation, interest rates, unemployment rates what's different apart from income tax which was 33% from memory

 

[Stirlingsays]

Gdp, inflation, interest rates, unemployment rates what's different apart from income tax which was 33% from memory

The strength of the markets and banks in deciding monetary policy rather than the treasury.....Thatcher came in at a time where government policy still held sway over markets......But it didn't last that long with government finding that out on Black Wednesday all those years ago.

Demographics, immigration and its social cohesion is on a completely different scale.

The trading situation and power dynamics are now quite different to 79.

The UK’s public sector net debt was approximately 43.6% of GDP in 79 but as of December 2024 six months ago it was 98.1% of GDP. He can't sell state assets to raise billions like Thatcher did and nor does he have anything like the North Sea oil revenue.

 

[chris123]

The strength of the markets and banks in deciding monetary policy rather than the treasury.....Thatcher came in at a time where government policy still held sway over markets......But it didn't last that long with government finding that out on Black Wednesday all those years ago.

Demographics, immigration and its social cohesion is on a completely different scale.

The trading situation and power dynamics are now quite different to 79.

The UK’s public sector net debt was approximately 43.6% of GDP in 79 but as of December 2024 six months ago it was 98.1% of GDP. He can't sell state assets to raise billions like Thatcher did and nor does he have anything like the North Sea oil revenue.

Using IMF numbers 1980 is the earliest I can find our GDP was slightly less than France and now it's slightly more. I chose France as they are nearest and have similar population.