Created the British property boom/disaster. Started bank deregulation and closed down socially owned financial institutions (building societies, friendly societies). Took an extreme line on non intervention in the private sector which was understandable as a reaction to the previous 'subsidise everything' line, but equally bad. Sold off natural monopolies such as utilities to the private sector. I find it ludicrous that water companies were sold 20 years ago with 20 year plans to invest in the infrastructure and fix the massive leakage rate....but its just as bad as ever and new 20 year plans have been introduce. Solved absolutely nothing. Introduced the poll tax to discourage poor peole from voting and cut property taxes on the rich (removed millions from the voting register), and we still have poll tax light and capped property taxes. Started a war with Argentina which has cost a fortune over the subsequent years. off the top of my head...Tell me about the Tories in the 80's.
So was I. Private individuals may vote for spending policies whichrun up debt, but the politicians have told them it will be fine. are you saying the people are to blame because they have not spent the time necessary to work out the politicians are lying?In what you quoted, I was talking about the debt crisis.
Ok, next time your house gets burgled, you go to jail because you failed to make it secure enough and so encouraged crime.I don't buy the blame game, I think everyone has responsibility to burden.
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