The 80s recession was something you had to have lived through, in fact, the 80s entire were a pretty bleak time for most people. Schools and hospitals bulldozed, our industries broken up, two mile dole queues. The Tories thought hiding the problem would look better and be cheaper than dealing with it, so they closed the labour exchanges and built spakly Job Centres like MacDonalds, creating an illusion of job availability. Most of the cards inside were for low paid jobs 300 miles away. Bad days.
Like all labour voters you have no idea what you are talking about. The closure of the labour exchanges and the creation of the Job Centre program was a Labour project that began under the Wilson government. Unless you're referring to the modern job centre (which wouldn't fit with half of what you say) in which case that was done under the B. Liar government.
Not his last. This sketch was because the pound came extremely close to hitting parity with the US dollar in January 1985. Something that I don't think has come close to happening since.
@@californiaslastgasp6847They were replacing the £1 note with the £1 coin. The joke is that Nigel Lawson (the chancellor) was so stupid that he thought he was to phase out the currency (the pound sterling), so the value of the pound against the dollar sunk (as was happening at the time).
@gregorioallegri definately not directly, but neoliberal economics caused the instability that lead to boom and bust, and thatcher was the forerunner of british neoliberal policies. closest link i can think of really.
Risk and destructive practises are not intrinsically linked, many hedge-fund companies and other contributors to the recession that were only allowed to exist through deregulation, did not suffer once the slump hit.
..and if you don't know how good recessions are at pulling young people into the military, you really aren't taking note of facts at all. As much as I'm sure you'd love to believe they're all cap-touching, obedient young men who stand up for the national anthem, you'll find most who joined in the terrible years of Thatcherism did so because there was bugger all else. The mindset, such as it existed, was instilled afterwards.
@MrMickroach No, the Tories abandoned the hated Poll Tax since the sight of angry working class people on the streeet scared them shitless. They changed it to the Council Tax. One way or another, they had to pay for the service sell-offs, where once there were self-financing services, there were shareholders with greedy hands outstretched. The old affordable rates didn't cover it, so she had to come up with something to pull in the cash. Council tax is a TORY concoction. As you well know.
Deregulation is a hugely vague term, it can mean ending protectionist policies that limit trade, or it can mean cutting fiscally responsible rules that prevent dangerous lending rates. It was the latter that contributed towards the recession, if you believe all deregulation is good you are very foolish indeed.
After BROWN touched it? We're still facing the aftermath of Thatcher's regime...Brown has done all he can to try and turn back what both Thatcher and Blaire have done
MrToryTom, Britain is already coming out of this recession - thanks to Brown and public spending, we've experienced a seemingly mild, 1 and a half year recession. I can guarantee that under Cameron, it would've been much worse. It's simple economics - the economy relies on the majority, that is, the working class, for spending, which is why it was vital Brown helped secure poorer families. Cameron would've simply pretty much cut public spending so much we'd go back to 6 hour hospital queues
@MrMickroach Ah well, in '80, you see, the mad cow had closed the pits and shut down the factories. So they joined up cos there was bugger-all else round here. That's in the real world, like. Not the officer's mess. As for carrying on like a capitlaist, nah. We got by, and we enjoyed running our little shop. The kind of shop that went in the Thatcher era, the one in every street. Ousted by her friends, the corporations. So much for fair competition.
@MrMickroach Oh, that's all right then. because Chile backed us in time for Maggie to send dozens of young lads to their death for her to win al election, all the 'missing' from the rule of Pinochet's junta can now rest in peace. Thanks for setting us all straight on that.
@MrMickroach It was always expected that I would take over our family business, which I was employed in, so no, I haven't joined the forces. I know a hell of a lot of lads who did though, and don't run away with the idea they're all Thatcher lovers. Far from it. A few might've liked the pay rise she immediately dealt out while everything else was cut, and been attracted into the Army or Navy in the first place by them, which was no doubt the intention. But they kept their heads screwed on.
The 80s recession was something you had to have lived through, in fact, the 80s entire were a pretty bleak time for most people. Schools and hospitals bulldozed, our industries broken up, two mile dole queues. The Tories thought hiding the problem would look better and be cheaper than dealing with it, so they closed the labour exchanges and built spakly Job Centres like MacDonalds, creating an illusion of job availability. Most of the cards inside were for low paid jobs 300 miles away. Bad days.
And people say the 80s was a better decade....
The seventies were much much worse
Not much better in the Job Centres now really. Still loads of stupid jobs.
What do you think now
Like all labour voters you have no idea what you are talking about. The closure of the labour exchanges and the creation of the Job Centre program was a Labour project that began under the Wilson government. Unless you're referring to the modern job centre (which wouldn't fit with half of what you say) in which case that was done under the B. Liar government.
“Lawson’s made a ballsup!” 🤣🤣🤣🤣🤣
Not his last. This sketch was because the pound came extremely close to hitting parity with the US dollar in January 1985. Something that I don't think has come close to happening since.
@Ralph Jackson Well well well well well...
@@rjjcms1closest since then was probably Liz lettuce Truss and her kamikaze Budget
"Kwasi's made a ballsup!"
This has become relevant again....
"What have you done to *my* pound?" "You told me to phase it out, Your Loveliness!"
“The pound NOTE, you pillock not the pound sterling!”
@@dwaugh2215I don’t get it.
@@californiaslastgasp6847They were replacing the £1 note with the £1 coin. The joke is that Nigel Lawson (the chancellor) was so stupid that he thought he was to phase out the currency (the pound sterling), so the value of the pound against the dollar sunk (as was happening at the time).
Wow, amazing how the Tories are able to do the same thing twice.
This channel supports the tories unironically, so they will try to find an excuse to the mess they’ve made.
Thatcher ripped apart a five pound note during the 1979 general election campaign. Strangely, she still hasn't been arrested for this.
They'd have a hard job now.
shes getting punished for loads of stuff now
@@yerdasellsavon9232 a bit hard to punish a dead person lol
Balls up!
@gregorioallegri
definately not directly, but neoliberal economics caused the instability that lead to boom and bust, and thatcher was the forerunner of british neoliberal policies. closest link i can think of really.
Risk and destructive practises are not intrinsically linked, many hedge-fund companies and other contributors to the recession that were only allowed to exist through deregulation, did not suffer once the slump hit.
Never! Never! Never! Never!
A referendum would be needed (If the government has any credibility) and the British public will never vote for the Euro
We've had a lucky escape!
With the dreadful ERM loss in 1992! We will never do so!
They nicknamed him the Chingford Skinhead.
..and if you don't know how good recessions are at pulling young people into the military, you really aren't taking note of facts at all. As much as I'm sure you'd love to believe they're all cap-touching, obedient young men who stand up for the national anthem, you'll find most who joined in the terrible years of Thatcherism did so because there was bugger all else. The mindset, such as it existed, was instilled afterwards.
@MrMickroach No, the Tories abandoned the hated Poll Tax since the sight of angry working class people on the streeet scared them shitless. They changed it to the Council Tax. One way or another, they had to pay for the service sell-offs, where once there were self-financing services, there were shareholders with greedy hands outstretched. The old affordable rates didn't cover it, so she had to come up with something to pull in the cash. Council tax is a TORY concoction. As you well know.
priceless sketch
Deregulation is a hugely vague term, it can mean ending protectionist policies that limit trade, or it can mean cutting fiscally responsible rules that prevent dangerous lending rates. It was the latter that contributed towards the recession, if you believe all deregulation is good you are very foolish indeed.
if the current crop of jocks and theyre competition from eton arent careful - the bnp will get in soon enough.
After BROWN touched it?
We're still facing the aftermath of Thatcher's regime...Brown has done all he can to try and turn back what both Thatcher and Blaire have done
no matter who gets in as govament, weather it be Labour, Tory or Libural, they all talk bull
@MrMickroach Tjhe Unions sent for McGregor then, to close down pits? Nice angle. Just one minor flaw: it's cobblers.
Wasn't the unions who sent for him,quite the opposite.
MrToryTom, Britain is already coming out of this recession - thanks to Brown and public spending, we've experienced a seemingly mild, 1 and a half year recession. I can guarantee that under Cameron, it would've been much worse. It's simple economics - the economy relies on the majority, that is, the working class, for spending, which is why it was vital Brown helped secure poorer families. Cameron would've simply pretty much cut public spending so much we'd go back to 6 hour hospital queues
Never
What does Europe have against 1 (unit of currency) notes?
The British one pound note (it was green) was phased out in favour of the £1 coin during the 80s,and then the £2 coin was introduced.
@MrMickroach Ah well, in '80, you see, the mad cow had closed the pits and shut down the factories. So they joined up cos there was bugger-all else round here. That's in the real world, like. Not the officer's mess.
As for carrying on like a capitlaist, nah. We got by, and we enjoyed running our little shop. The kind of shop that went in the Thatcher era, the one in every street. Ousted by her friends, the corporations. So much for fair competition.
At least, YOUR Conservatives are ACTUALLY conservative! OUR'S aren't!
@MrMickroach Oh, that's all right then. because Chile backed us in time for Maggie to send dozens of young lads to their death for her to win al election, all the 'missing' from the rule of Pinochet's junta can now rest in peace. Thanks for setting us all straight on that.
@MrMickroach It was always expected that I would take over our family business, which I was employed in, so no, I haven't joined the forces. I know a hell of a lot of lads who did though, and don't run away with the idea they're all Thatcher lovers. Far from it. A few might've liked the pay rise she immediately dealt out while everything else was cut, and been attracted into the Army or Navy in the first place by them, which was no doubt the intention. But they kept their heads screwed on.