With all due respect, this has very little/nothing to do with any given govt but everything to do with Central Banking policy.
Another reason why being given 'a vote' is nothing more than a token gesture if truth be told.

Ditto.

My parents were both conservative (small "c" and thus Tory voters. I was too, as that's what I grew up hearing. My parents were the generation in their respective families who moved from being lower class to middle class although, looking back, my old man owning a shop - but not the building it was in - and working 6 1/2 days a week hardly seems a step up from working class.

In the mid-80s, when Thatcher's (and Lawson's) fiscal policy caused inflation to spiral upwards, their solution was to jack up interest rates to kill inflation. It worked, but only because anyone with a credit card, mortgage, small business loan or...importantly for my Mum and Dad...all three, got slaughtered. Inflation cooled because everyone was giving their hard earned money to the banks and had nothing left to spend on anything else.

My parents had to sell their house and move in above the shop, and had to make that work for a lot longer than expected because all their retirement plans were torpedoed. They lived out a shorter-than-planned retirement (because they worked longer than planned) in less comfortable circumstances on limited funds until they both passed. Not destitute, but they never travelled like they'd planned, just hung out with their friends at the Conservative Club.

Watching how the choice of government could completely decimate the finances of real people made me realise that I needed to pay attention to politics. Paying attention to politics made me realise how full of s*** it all is, but that the Tories (and now Republicans) are more full of s*** than most and have no intention of serving the people beyond the absolute bare minimum that is required to get elected.

Once I moved to the U.S., even though I was a converted Tory into - probably a new Labour sort of centrist - I became a librul, commie, socialist, facist; so far to the right are politics skewed over here.

When the Republicans and New Labour convinced the world that we needed to invade Iraq, I realised that they can do worse things to families than hijack their savings.

Edited by Ray in Houston (01 Nov 2017 7.33pm)

With all due respect, you should read it again.

Ditto.

My parents were both conservative (small "c" and thus Tory voters. I was too, as that's what I grew up hearing. My parents were the generation in their respective families who moved from being lower class to middle class although, looking back, my old man owning a shop - but not the building it was in - and working 6 1/2 days a week hardly seems a step up from working class.

In the mid-80s, when Thatcher's (and Lawson's) fiscal policy caused inflation to spiral upwards, their solution was to jack up interest rates to kill inflation. It worked, but only because anyone with a credit card, mortgage, small business loan or...importantly for my Mum and Dad...all three, got slaughtered. Inflation cooled because everyone was giving their hard earned money to the banks and had nothing left to spend on anything else.

My parents had to sell their house and move in above the shop, and had to make that work for a lot longer than expected because all their retirement plans were torpedoed. They lived out a shorter-than-planned retirement (because they worked longer than planned) in less comfortable circumstances on limited funds until they both passed. Not destitute, but they never travelled like they'd planned, just hung out with their friends at the Conservative Club.

Watching how the choice of government could completely decimate the finances of real people made me realise that I needed to pay attention to politics. Paying attention to politics made me realise how full of s*** it all is, but that the Tories (and now Republicans) are more full of s*** than most and have no intention of serving the people beyond the absolute bare minimum that is required to get elected.

Once I moved to the U.S., even though I was a converted Tory into - probably a new Labour sort of centrist - I became a librul, commie, socialist, facist; so far to the right are politics skewed over here.

When the Republicans and New Labour convinced the world that we needed to invade Iraq, I realised that they can do worse things to families than hijack their savings.

Edited by Ray in Houston (01 Nov 2017 7.33pm)

I suggest that you revisit the statistics. During the five years of Wilson's Labour government (1974-79) inflation averaged around 15.5%. During the period 1983-87 (what you refer to as the mid-80s) inflation under the Conservatives averaged around 4.5%. So much for inflation spiralling upwards under Thatcher and Lawson.

1971.........Nixon 'suspended' (cough) Bretton Woods. By FAR the biggest financial error that affects each and every one of us today. This led to the unprecedented printing of money (from thin-air) which equally led to uncontrolled inflation.
The tiny problem of a GLOBAL ENERGY CRISIS also happened to rear it's ugly head.

The problem with people such as yourself is that you yourself DON'T DO THE NECESSARY HOMEWORK.
Learn to. It'll stop you looking like a moron.