Tuesday 18 September 2007

Tory Report: Quality of Life Better under Labour

The recent "Blueprint for a Green Economy" report unveiled by the Tories (but where are the policies?) agrees that the quality of life in Britain both under Callaghan and Blair was better than under Thatcher and Major.

"Blueprint for a Green Economy,'' a report commissioned by Conservative leader David Cameron, suggests that alongside gross domestic product, the standard scale of a country's success, the U.K. should use a gauge called the Index of Sustainable Economic Welfare.

A graph in the report shows the measure reaching a record in 1976 under Labour Prime Minister James Callaghan, whose three-year tenure was marked by rampant inflation and labor strife. It falls to a 30-year low under Margaret Thatcher, who championed wealth creation as Conservative prime minister in the 1980s, before rising again under Labour's Tony Blair."


Here's the link.

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