4 ms·

Didn't even need to have the years on the X-axis for the first graph to know exactly when (and why) the underbuilding took off. Great job Maggie.

sparkie 2y ago
So you want to blame a Prime Minister who came to power in 1979 for something that very clearly started during the previous Labour government throughout the 1970s, and just continued afterwards? Seems to be missing a few details about the state of the British economy under Labour rule. You can also see that during the Blair years, house building declines at an even more rapid rate than during the previous Conservative government. The only thing you can blame Maggie for in this chart is what comes after 1989, which is when she introduced policy (suggested by Viscount Monckton) that allowed people in social housing to buy their homes from government for the first time.
- Mo3 2y ago
  Same logic as "Biden caused inflation"
  - sparkie 2y ago
    Inflation was caused by lockdowns and the excessive money creation that happened during that time and nothing else. In Britain, they're still trying to blame Brexit for inflation, despite every other nation that wasn't involved in Brexit seeing similar levels of inflation. Clearly this wasn't a Biden policy, but it wasn't really a Trump policy either. It was a WHO/WEF policy that was force-fed to everyone, and supported by all Democrats and most Republicans. A major mistake that policy-makers all over the world still refuse to acknowledge. You can dig up the news articles from 2020 where they're saying "It won't cause inflation," in 2021 where they deny inflation is happening, and in 2022 where they say "it's transitory." Constant gaslighting from governments and media alike. I've described this before: https://news.ycombinator.com/item?id=32645544 https://news.ycombinator.com/item?id=32645544, and also predicted it would happen when it was being proposed, but of course, I'm wrong, according to everyone who did not predict it.
- mamonster 2y ago
  >So you want to blame a Prime Minister who came to power in 1979 She was the opposition leader from 1975 and was using monetarist arguments to "fix" a problem that was purely geopolitical (Oil crisis). Would you be fine with extremist parties today suggesting the inflation due to the War in Ukraine being due to bad management(and not the war)? That's what Thatcher did. >You can also see that during the Blair years, house building declines at an even more rapid rate than during the previous Conservative government. The entire point of Blair is that he was a Thatcherite through and through on economics. The "Third Way" is Thatcher economics with "social justice" slapped on top.
  - sparkie 2y ago
    Inflation is not due to the war in Ukraine, but is due to bad management of COVID and excessive money creation. It may be exacerbated by the war, but that is certainly not the cause. The same is of course true for the 1970s because we know what happened in 1971. We can't really blame Labour or Conservative governments for that, as it came from the US. Easy money -> weak economy. https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/ How to cure inflation: https://www.freetochoosenetwork.org/programs/free_to_choose/index_80.php?id=how_to_cure_inflation https://www.freetochoosenetwork.org/programs/free_to_choose/...

sparkie 2y ago

So you want to blame a Prime Minister who came to power in 1979 for something that very clearly started during the previous Labour government throughout the 1970s, and just continued afterwards? Seems to be missing a few details about the state of the British economy under Labour rule. You can also see that during the Blair years, house building declines at an even more rapid rate than during the previous Conservative government. The only thing you can blame Maggie for in this chart is what comes after 1989, which is when she introduced policy (suggested by Viscount Monckton) that allowed people in social housing to buy their homes from government for the first time.

Mo3 2y ago
Same logic as "Biden caused inflation"
- sparkie 2y ago
  Inflation was caused by lockdowns and the excessive money creation that happened during that time and nothing else. In Britain, they're still trying to blame Brexit for inflation, despite every other nation that wasn't involved in Brexit seeing similar levels of inflation. Clearly this wasn't a Biden policy, but it wasn't really a Trump policy either. It was a WHO/WEF policy that was force-fed to everyone, and supported by all Democrats and most Republicans. A major mistake that policy-makers all over the world still refuse to acknowledge. You can dig up the news articles from 2020 where they're saying "It won't cause inflation," in 2021 where they deny inflation is happening, and in 2022 where they say "it's transitory." Constant gaslighting from governments and media alike. I've described this before: https://news.ycombinator.com/item?id=32645544 https://news.ycombinator.com/item?id=32645544, and also predicted it would happen when it was being proposed, but of course, I'm wrong, according to everyone who did not predict it.
mamonster 2y ago
>So you want to blame a Prime Minister who came to power in 1979 She was the opposition leader from 1975 and was using monetarist arguments to "fix" a problem that was purely geopolitical (Oil crisis). Would you be fine with extremist parties today suggesting the inflation due to the War in Ukraine being due to bad management(and not the war)? That's what Thatcher did. >You can also see that during the Blair years, house building declines at an even more rapid rate than during the previous Conservative government. The entire point of Blair is that he was a Thatcherite through and through on economics. The "Third Way" is Thatcher economics with "social justice" slapped on top.
- sparkie 2y ago
  Inflation is not due to the war in Ukraine, but is due to bad management of COVID and excessive money creation. It may be exacerbated by the war, but that is certainly not the cause. The same is of course true for the 1970s because we know what happened in 1971. We can't really blame Labour or Conservative governments for that, as it came from the US. Easy money -> weak economy. https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/ How to cure inflation: https://www.freetochoosenetwork.org/programs/free_to_choose/index_80.php?id=how_to_cure_inflation https://www.freetochoosenetwork.org/programs/free_to_choose/...