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Originally Posted by Dissident Congress
Rubbish. There was tons of inflation during the Thatcher decade. Privatisation of certain industries may have been generally welcomed in the early 80s, but the Tories took it too far and privatised things that shouldn't have been privatised such as water and the railways.
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Water I'll give you (natural monopoly)...I don't see why railways shouldn't have been privatised. British Rail wasn't exactly known for a punctual service!
You may remember that AFTER the 80s under Major inflation and interest rates dropped t an all-time low. Let's not forget that it was Labour in the 70s who got us into the mess in the first place.
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Manus haec inimica tyrannis ense petit placidam sub libertate quietam - "This hand of mine, which is hostile to tyrants, seeks by the sword quiet peace under liberty."
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