Thatcherism - Criticism

Criticism

Critics of Thatcherism claim that its successes were obtained only at the expense of great social costs to the British population. Industrial production fell sharply during Thatcher's government, which critics believe was the reason for increased unemployment during her early years as prime minister. There were nearly 3.3 million unemployed in Britain in 1984, compared to 1.5 million when she first came to power in 1979, though that figure had fallen to some 1.6 million by the end of 1989.

When she resigned in 1990, 28% of the children in Great Britain were considered to be below the poverty line, a number that kept rising to reach a peak of 30% in 1994 during the Conservative government of John Major, who succeeded Thatcher.

While credited with reviving Britain's economy, Mrs. Thatcher also was blamed for spurring a doubling in the poverty rate. Britain's childhood-poverty rate in 1997 was the highest in Europe.

During her government Britain's Gini coefficient reflected this growing difference, going from 0.25 in 1979 to 0.34 in 1990.

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Famous quotes containing the word criticism:

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