>>>>Sadly, I read this news this morning...
>>>>
>>>>
http://news.msn.com/world/margaret-thatcher-britains-iron-lady-dies>>>>
>>>>What a great woman. If only we had one as great here to lead this country out of its fiscal mess; however were stuck with Hillary...
>>>
>>>I think she was a disaster. If it hadn't been for North Sea Oil and General galtieri she would have been out on her ear at the end of her first period as PM. She divided this country in a way no elected leader had before or since. She presided over an unprecedented destruction of the UKs manufacturuing capabilities leaving us with little apart from casino banking in the city and an overheated property market.
>>
>>Not sure if it was all her fault. Shifting of manufacturing to far east was/is trend in the west. Except for Germany more or less
>>everybody moved labor intensive manufacturing to China / far east. Very good for profit margins but as it emerges now, disaster on a long run.
>>
>>
http://www.youtube.com/watch?v=gWtrbGWixRQ>
>True
>
>But if I look at most Northern European economies they have managed to retain much more of their manufacturing base than the UK did. Thatchers time was an example (to me) of the country being run for the benefit of a small part of the South East (ie the financial sector)
Interestingly so, both her and Reagan ended up being very very highly regarded for something that appears to be
very questionable now.
Bad politicians kick the can to the next administration, 'good' politicians kick the same can - to the next generation! {g}
