It is interesting to see some of the rosy tinted perspectives that all was sweetness and light before Mrs. T came to power in '79. The country was in a similar financial mess to now. We had been bailed out by the IMF. Many traditional industries were seriously uncompetitive, lacking in investment, hugely loss making, wildly inefficient and overstaffed while beset by all sorts of spanish practices. Old Labour was a busted flush because it had indulged the unions for years and effectively painted itself into a corner.
Unions just wanted to protect jobs and perpetuate many archaic practices. Callaghan looked impotent. The new dawn(s) under Foot and Kinnock etc never happened. It was a desperate, desperate situation. Labour and the Unions effectively created a fast track for Mrs. T. to come in and dismantle the mess. Mrs. T didn't really have much choice. The country was in need of decisive action. It wasn't nice and quite bloody but needed to resuscitate a dying patient.
Life was hard for most voters but Labour compounded this by then failing to capitalise on the potential re-bound when Mrs. T's policies hit home. Ironically she might just have been toast in '82 but for the Argies giving her a chance to become a political legend.
Those that wish Mrs. T hadn't been elected might ponder the alternative ie if Labour had gained another term in '79. Labour were so in the pockets of the Unions who in turn were so entrenched on the far left that the drastic actions required would probably have never happened. As a Labour party member and union Rep at that time I recall all the passionate rhetoric but looking back now I fear that another 4 years of the same could have bankrupted the country or at best left it so marginalised and potentially more jobs would have been lost and even greater misery created. Would have made the recent Greek crisis seem like a small blip. The Labour party could have been in oblivion.
It is ironic that no one on any side has learned from all of this. Here we are 30 odd years later and sitting in the midst of another mess largely created by a Labour govt. All the 'feel good factor' based on cheap credit that Blair/Brown/Balls spectacularly failed to reign in, indulged the bankers, plundered pension funds and left the coffers spent. OK the coalition is doing its best to make an even bigger cock-up of things but I really despair of the Labour party. Miliband has ideals but is a powder puff politician. There is no real political spectrum these days to set them apart because they all occupy similar ground. Mrs. T seems such a political heavyweight compared to todays lightweights. No wonder that political apathy rules ok.
Good post.