EmlynTaylor

Interesting read I stole from this here Interweb. --------------------- When Margaret Thatcher won power in May 1979, it was against the backdrop of perhaps the gloomiest decade in modern British history. Shorn of its empire, Britain now cut a very miserable figure on the world stage. For at least two decades we had been falling behind our rivals, and now the contrast was painful to see. Britain's average inflation rate for the 1970s was 13%. West Germany's was just 5%. Our unemployment ra...