An English Lesson for America
I should, of course, have written ‘A British Lesson for America’, but that wouldn’t have made such a good title.
Anyone who seriously wishes to see where current programmes of massive spending will lead the US economy and American society need only study what has happened in Britain. High taxes and low growth are the inevitable outcome…
Robin Harris, a member of Margaret Thatcher’s Policy Unit, on the lessons America can learn from Britain’s recent past. He seems to think that the impact of Margaret Thatcher was only temporary. Sadly, he may be right.
The Thatcher years had a profound effect on Britain, but not profound enough to expunge the legacy of socialist thinking. After she left office, the British political class relaxed and Britain itself reverted increasingly to the mentality which had dominated Britain in the post-War years. The so-called Welfare State, characterised by cradle-to-grave social provision and state monopoly, has never been finally discredited. It is the subliminally accepted goal of many, perhaps most, British politicians even today.
