The Mudcat Café TM
Thread #133625   Message #3033741
Posted By: VirginiaTam
16-Nov-10 - 02:44 PM
Thread Name: BS: Royal Wedding Announcement
Subject: RE: BS: Royal Wedding Announcement
Hey, what amazing timing! Now this very important news can be a focus for the media, so no-one will worry about all of that really boring political and economic stuff currently happening! Hurrah!

Just picked this up from Facebook friend it is off the Guardian

The UK at the beginning of the 1980s 'Margaret Thatcher was Prime Minister, and the country was buckling under the strain of mass unemployment and an intense class war. Mrs Thatcher and her Chancellor Geoffrey Howe confronted the recession in a very brutal way rather than increase Government spending, they slashed it - in the 1980 Budget, the Chancellor also announced that benefits paid out to the families of people who went on strike would be cut by £12 a week and made subject to tax. The Budget sparked fury among economists, 364 of whom penned a letter to The Times demanding that a different course be taken, along the lines of a Keynesian style approach where spending would be increased to boost the economy.'

and facebook friend said

"AND THEN WE HAD - A RIGHT ROYAL WEDDING! - who says history doesn't repeat itself?"