Summary
MARGARET Thatcher was given a lengthy lecture on economics by one of her predecessors, Harold Macmillan.
In an 11-page memorandum, he warned that while her programme of cuts may give a "sense of exhilaration" to her supporters, they were heading for industrial collapse and "dangerous" levels of unemployment. And he appealed to her to return to the "consensus politics" which had characterised past Tory governments.See the full content of this document
Extract
Macmillan in Cuts Warning
The main pr...
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