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meatcleaver -> RE: Independence for Wales - NOW! (10/13/2008 2:42:51 PM)
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quote:
ORIGINAL: Paulnz
You're completely wrong. Britain when she came to power was a socialist nightmare. The industry was antiquated and making crap very expensively. The next step was bankruptcy. She got Britain back going again. The current mess is down to too much market interference. Basically Thatcher didn't go far enough. The economies of Europe and the USA are not functioning properly due to over regulation and protectionism. The meltdown is another USSR collapse, but manifesting itself in different ways. Insterd of endless queues you've got housing going bust etc. The answer appears to be more of the same, more regulation and more socialist controls. The central planners always think they can solve things. All that is happening is the're doubling up and hoping the roulette wheel is kinder next time.
What Europe and North America needs to do to survive is restructure their economies. Embrace capitalism. The alternative is that in the coming years you'll be surpassed completely, if it hasn't happened already.
Now you've lost the plot Paulnz, it was Thatcherite and Reaganomics policies that set the ball rolling to this current crisis where old fashioned socilaist intervention (Ssssh, we aren't allowed to use that word) has had to step in to rescue the situation. Deregulation has failed and even bankers and financiers accept that there is going to be tighter government regulation in the future.
As for Thatcher's other policies, she ruined perfectly good trasnsport systems and made them so expensive, so inefficient that people stopped using public transport and bought cars. From where I lived, I could get into the nearest city in 30 minutes for 25 pence before Thatcher deregulated the system, six months after deregulation it took 70 minutes to the nearest city for 125 pence. How about that for improvement! That was a typical result of her policies.
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