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you mean the inefficiencies of the 50s and 60s welfare states that made large investments in education, healthcare and moonshot projects (literally) by collecti
by imjonse 3y ago
you mean the inefficiencies of the 50s and 60s welfare states that made large investments in education, healthcare and moonshot projects (literally) by collecting higher taxes. Bad old days indeed.
- bootsmann 3y agoWhich of Thatchers flagship policies were concerned with either healthcare or education?
- imjonse 3y agoNot sure if you're being sarcastic or asking a trick question, but I was talking about the pre-Thatcher/Reagan years.
- shortrounddev2 3y agoI said inefficiencies, not economic collapse. Some people in the west enjoyed a higher standard of living with greatly subsidized demand, but the result was a decade of high inflation in the US, and very weak economic growth in the UK. The fiscal policies of the 1960s and 1970s were not sustainable