Quote:
Originally Posted by Tealeaf
I wouldn't worry too much about Mancie...his knowledge of simple economics is even less than his knowledge of recent British history. For instance, he seems to know nothing whatsoever of the pound's devaluatins under Atlee and Wilson's labour governments - both at the time, far more traumatic than Black Wednesday and he seems to ignore the simple fact that in 1979, Callaghan's socialist government was rejected because the UK economy was in such a mess that people could not even bury their dead. We really were the sick man of Europe.
Still, a website such as this does need people like Mancie. He gives good comic value and I like him for that.
|
the "winter of discontent" and all that went with it was a disaster and I'd put the blame on the then Labour Government .. I don't pick n choose .. the argument I put up is when some posters on here try to give the impression that under previous Tory governments the economy and the strengh of the pound was all lovely jubbly.. it was not.. and seeing as some have stated this Government are slipping towards joining the Euro, I'll say it again for you thicko's.. the ERM which the Tories joined was the closest this country has ever been to joining a European currency.