02 May 09
Originally posted by FMFYou are spouting complete nonsense engendered by sheer ignorance. Wilson had lost control of the economy to the Trade Union barons long before he chickened out to leave his equally incompetent deputy to face the music.
Harold Wilson stood down in 1976 and handed over an economy in 'normal' shape (considering the oil crisis that had started in 1973) to James Callaghan. The new PM then proceeded to introduce monetarist policies, that broke the economy, later continued by Margaret Thatcher and which eventually lead to 4,000,000 unemployed by the mid-80s, before being quietly drop ...[text shortened]... m to have a 20 year old's grasp of basic British historical dates and the sequence of events.
Those were the days of inflation peaking to 27%, income tax ranging between 35% and 82%, and hospitals unable to admit patients without the consent of the consultant Head Porter.
Wilson sucked up to these Union troglodytes who effectively wrecked British manfacturing industries, especially those which had been 'nationalised' by a previous Labour administrtion.
It took Eddie Shah, who broke the Print Union stranglehold, to provide an example to the next government headed by Margaret Thatcher who effectively emasculated the rest of the Trade Union movement which even successive Labour majorities have not seen fit to resurrect.