The thing is that Both Kenny and Smithy are bang on in their pointing out how we have sunk so low, the socialists during the 70s killed buisness in this country, with 90% tax rates, all the strikes, power cuts and the three day working week.
And thatcher stomped on the now grosely bloated state owned operations, killing them, and whilst jobs did come back, and buisness build up, they did not come back quickly enough to stem the rate of flow from things such as mining and stealworking. leaving the North a wastland that has never recovered.
So, between the two systems this country was utterly boned... and then Blair came along and from what Ive seen is the worst parts of both these systems - high taxation, authorotarian, buisness unfriendly (I remember when New Labour came to power, and litterally within a week of them anouncing what they were going to be doing, the electrical industry at large packed up and moved overseas - at a cost of 1.3 million jobs I was doing one of those jobs and training to be an electrical engineer). And the torys (somewhat) misuguided attempt to get buisness into doing things that the public sector should do (Network rail comes to mind as a good example of why this is sooo wrong).
