Big Joe Corrigan
Well-Known Member
- Joined
- 3 Feb 2014
- Messages
- 3,965
Throughout Thatcher’s entire time in office, for only two years (1987 and 1988) did the UK exceed the economic growth witnessed under Callaghan in 1978; for only two years (1988 and 1989) did she run a budgetary surplus; and never once did she reduce unemployment to a level below that of even the highest level of unemployment experienced by the post-war Labour governments that preceded her.She inherited a country that was universally derided as the 'sick old man of Europe' and turned it into one of the most succesful economies in the world.