Maggie Thatcher pulled them out of the toilet...That’s the kind of leadership we need now.
It’s a bitter pill, but it worked.
People are saying that they really think too much is being taken out of the pay packet for someone to spend on their behalf, and they’d rather be left with more, and it’s now well-known that Socialist Governments put up taxes and Conservative Governments take them down. It’s part of our fundamental belief giving the people more choice to spend their own money in their own way.
...Now if you run up the public sector, you can only do it by draining money out of industry and commerce. But that’s where the jobs are. And one of the reasons why you have to cut public expenditure is to get the money back—one of the reasons why you have to cut public expenditure is to get money back out of the public sector, into industry and commerce, so that they, in fact, can invest, and improve, and expand; because that’s where the secure jobs are. It’s very complicated.
...and Socialist governments traditionally do make a financial mess. They always run out of other people’s money. It’s quite a characteristic of them.”
Feb 5, 1976
Margaret Thatcher
http://www.margaretthatcher.org/speeches/displaydocument.asp?docid=102953