Kirstie said:Because monetary policy was a roaring success, wasn't it?
Mrs T and her government deregulated the banks leading to the current mess, sold off all our utilities for a low price to the people who already owned them, us, so that they could make a few bob selling the shares still at a low price so that the big institutions could buy them cheaply and sell them to foreign companies.
The council houses were sold off as a vote winning measure, despite the local councils losing the rent available on the properties for the next century. Now there are not enough social housing available for those who need it.
This country also once had a manufacturing base, we sold things to the rest of the world to bring money into this country. Not much now, unless you are in the banking and finance sectors, which brings me back to top of my post.