GeofCox on Nostr: The Thatcher disaster that befell the UK... "In the 1960s, only Sweden had a lower ...
The Thatcher disaster that befell the UK...
"In the 1960s, only Sweden had a lower rate of inequality than the UK. In 1974 inequality in the UK reached its lowest level, competing with Finland and Norway, and the UK had the highest life expectancy and lowest infant mortality rates in the world.
"From the 1980s, it's been downhill as neoliberalism, ushered in by Thatcher, took hold. By 1992 inequality in the UK was worse than Portugal but Tory voters were doing well. New Labour did little to reverse inequalities. By 2016, only Bulgaria was more unequal than the UK...
"The 2008 financial crisis followed by Tory austerity and the pandemic have accelerated the UK's social and economic nosedive. It's telling that when the UK left the EU, the European Parliament lost its largest bloc of far-right MEPs made up of UKIP and the Tories.
"The Resolution Foundation's Living Standards Outlook 2023 reported that 56% of children in the UK with 2 siblings were going hungry 2-3 times per month, figures not seen since the 1930s."
https://www.taxresearch.org.uk/Blog/2024/05/29/if-the-snp-can-tackle-child-poverty-in-scotland-why-cant-labour-in-england/
"In the 1960s, only Sweden had a lower rate of inequality than the UK. In 1974 inequality in the UK reached its lowest level, competing with Finland and Norway, and the UK had the highest life expectancy and lowest infant mortality rates in the world.
"From the 1980s, it's been downhill as neoliberalism, ushered in by Thatcher, took hold. By 1992 inequality in the UK was worse than Portugal but Tory voters were doing well. New Labour did little to reverse inequalities. By 2016, only Bulgaria was more unequal than the UK...
"The 2008 financial crisis followed by Tory austerity and the pandemic have accelerated the UK's social and economic nosedive. It's telling that when the UK left the EU, the European Parliament lost its largest bloc of far-right MEPs made up of UKIP and the Tories.
"The Resolution Foundation's Living Standards Outlook 2023 reported that 56% of children in the UK with 2 siblings were going hungry 2-3 times per month, figures not seen since the 1930s."
https://www.taxresearch.org.uk/Blog/2024/05/29/if-the-snp-can-tackle-child-poverty-in-scotland-why-cant-labour-in-england/