Lobster Issue 78 (Winter 2019)
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[PDF file]: […] of the Confederation of British Industry (CBI), told its annual conference that they had to ‘to take the gloves off and have a bare-knuckle fight’ with the Thatcher government.35 But no such fight ensued, Beckett resigned and in the following decade while the City boomed, British manufacturing shrank by about 20%. The focus these […]
Lobster Issue 69 (Summer 2015)
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[PDF file]: […] for creating a recession – which they did. Recessions reduce inflation. (Creating more poor people, you reduce demand in the economy, which inhibits price increases.) Like Mrs Thatcher, Peter Jay had been persuaded that there was no alternative. It is not difficult to understand why: in 1976 no-one had ever seen ‘Keynesian’ policies deal […]
Lobster Issue 80 (Winter 2020)
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[PDF file]: […] Soros and the Rockefellers. Now there’s a list for the conspiracy theorists to play with! Politics, dear boy, politics. Thus Charles Moore, the official biographer of Margaret Thatcher: ‘At the time of the 2008/9 financial crisis, I remember Mervyn King, then Governor of the Bank of England, telling me with bitter perceptiveness, “The trouble […]
Lobster Issue 75 (Summer 2018)
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[PDF file]: […] you really want to change things and you want to get listened to, that’s the place to be.’ 1 On the other hand, Norman Lamont wrote: ‘Margaret Thatcher certainly knew when to disregard market research. In the 1980s, opinion polls regularly showed that voters preferred public spending to tax cuts. Mrs Thatcher insisted on […]
Lobster Issue 68 (Winter 2014)
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[PDF file]: […] been reissued as an e-book. One can only hope that the reign of terror in and by the US that expanded vastly with the election of Margaret Thatcher in the UK and Ronald Reagan will finally reach the consciousness of the white ‘Left’ and those whose sentimental attachment to the American creation myth is […]