Comments by "John Burns" (@johnburns4017) on "Did the Soviet Union EVER Recover from WW2?" video.

  1. 5
  2.  @fabiofaria4243  The UK economically got over WW2 in the 1970s. Labour undid Thatcher's failed economic reforms, which reversed the economic recovery, to great success. The truth is that most ordinary families in 1970s Britain were better off than ever. Many had their own homes for the first time, brand new colour TVs, Continental holidays and new cars. For most ordinary people, they enjoyed a lifestyle their parents and grandparents could barely have imagined. By 1979 about ~13 million were taking holidays abroad. Even working-class families, holidays were in Malta and Majorca. The cultural texture of British life changed more quickly between 1970 and 1980 than during any other post-war decade. https://flipchartfairytales.files.wordpress.com/2012/04/economic-growth-1949-2011.png?w=1920&h=618 Look at 1978 and 1979,which are very good - the Thatcher figures are because she had North Sea oil on tap. Income was more evenly distributed in the 1970s than in any decade before or since. The UK’s Gini Coefficient (a measure of inequality) was at its lowest between 1970 and 1979. In terms of income Britons have never been more equal than they were in the Seventies, something the ruling privileged class strata did not like. https://flipchartfairytales.files.wordpress.com/2012/04/uk-income-inequality-1960-2005.png?w=1920&h=1113 For the wealthy the 1970s were the worst of times as their differential to the lower classes was narrowed, but great for everyone else. The wealthy were still doing very well though. Until Margaret Thatcher came along and reversed the lot sending us into an abyss underpinned by petty snobbery.
    5
  3. 3
  4. 3
  5. 2
  6. 2
  7. 2
  8. 2
  9. 1
  10. 1
  11. 1
  12. 1
  13. 1
  14. 1
  15. 1
  16. 1
  17. 1
  18. 1
  19. 1
  20. 1
  21. 1
  22. 1
  23. 1