Tag Archives: short-term economics

Betrayal of Hopes

One of the saddest things about listening to the interview with the guy from Teeside on this morning’s Today programme on Radio 4 was hearing his history. He had a good standard of living working in the steel industry and then, when the Redcar steelworks closed, he’d had to downsize and take a much lower […]

Thatcher’s Legacy

If I had been old enough to vote in 1979, I would have voted Conservative.  The country was on its knees economically, with the IMF loaning Britain tons of money, petrol rationing and power blackouts a recent memory, and strike after strike after strike.  Maggie won after a period of industrial dispute called the Winter […]