The Mudcat Café TM
Thread #132804   Message #3009626
Posted By: Stu
18-Oct-10 - 04:06 AM
Thread Name: BS: Margaret Thatcher's Birthday-13 Oct 1925
Subject: RE: BS: Margaret Thatcher's Birthday.
"Surely you dont think our heavy industry could have remained competitive if Mrs Thatcher had not existed? You dont seem to have a clue about how global capitalism works"

We'll never know if our heavy industry could have remained competitive will we? The transition from a manufacturing to a service economy, instigated by Thatcher's assault on UK manufacturing will, in my opinion go down as one of the biggest economic faux-pax ever (re-read the second sentence of my previous post).

"As far as Mrs'Ts political demise is concerned, it seemed to me to be mainly the result of a sustained campaign by the "liberal" media."

"liberal" media? Are we in America now? Co-opting pejorative US aphorisms is not good - liberal means something different here. Ask Margaret Thatcher - she was a liberal in the economic sense.

That gave me a belly laugh - Thatcher's political demise was of her own making, an isolated and forlorn figure abandoned by her party and most of her cabinet. She went because by that point she was a political liability, and the Tories needed to play safe, hence the election to leader of the most bland and inoffensive candidate John "I can balance a peanut on my knob" Major.

Was Geoffrey Howe part of this "liberal" media?