Handbags (The sad, the bad and the ugly. Non-productive stuff here.)
Grandad
Sorry to blow a hole in your theory but the sale of council houses, which started long before Mrs. Thatcher,was a means of reducing government debt. In a previous post i catalogued the economic case from 1950 on.
The Americans crucified the UK at the end of WW 2 with the onerous terms on the loans which we needed to rescue the country from a near bankrupt state.
Successive governments kept on borrowing until the IMF bailed the UK out in the 1976 with conditions which included the sell off of state owned assets.
Since the early 70's the Treasury has looked at selling off anything with value and whichever party was in power at the time the sales would have gone ahead.
The general understanding of national events is not helped by the duplicity of politicians of all colours.
Today's issue of Private Eye carries an expose of Andy Burnham highlighting his authorisation of aspects of the NHS whilst he was Health Minister. Now he condemns the same thing.
Replied: 22nd Mar 2012 at 17:18