In this country over the last five years pay has doubled, whereas output has slightly fallen. That is totally different from the position with many o… - Margaret Thatcher

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Engraved portrait of Margaret Thatcher, facing right

In this country over the last five years pay has doubled, whereas output has slightly fallen. That is totally different from the position with many of our competitors. Pay in those countries has gone up hand in hand with productivity. Consequently, they have the jobs and we have a larger proportion of the unemployment.

English
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About Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Rob Bogaerts (Public domain / CC0)

Also Known As

Birth Name: Margaret Hilda Roberts
Alternative Names: Baroness Thatcher Margaret Hilda Thatcher Margaret Roberts Maggie Thatcher Baroness Margaret Thatcher Lady Thatcher Mrs. Thatcher Mrs. T Baroness Thatcher of Kesteven

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Additional quotes by Margaret Thatcher

I'm absolutely amazed when some people say I am either hard or uncaring, because it's so utterly untrue. I can't say it because, if you say you are caring, it's like saying, ‘I'm a very modest person.’ Nobody believes you.

I am a conviction politician. The Old Testament prophets didn't say, 'Brothers, I want a consensus.' They said, 'This is my faith, this is what I passionately believe. If you believe it too, then come with me.'

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