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Politics : President Barack Obama

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To: RetiredNow who wrote (132957)4/11/2013 1:19:49 AM
From: tejek  Read Replies (1) of 149317
 

Nice pictures. I like to look at the case shiller index. It has been showing steady improvements in price and housing starts. That's the macro for me. We agree that there's improvement in housing...not sure why you are trying to prove that to me. It's tepid growth, but it is gaining steam. It's a real positive spot in the economy that can be built on.

Those pics were photos of DTs throughout the country..........they include both commercial and residential bldgs. Construction has started to boom. That's the macro.

How Mrs Thatcher smashed the Keynesian consensus


The Poll Tax Riots were a series of riots in British towns and cities during protests against the Community Charge (commonly known as the poll tax), introduced by the Conservative government led by Prime Minister Margaret Thatcher. By far the largest occurred in central London on Saturday, 31 March 1990, shortly before the tax was due to come into force in England and Wales. The disorder in London arose from a demonstration which began at 11am. The violent confrontations between the Metropolitan Police Service and demonstrators ended up in rampaging and looting that ended at 3am the next morning.[ citation needed]

Fall of Thatcher
The riot in central London, with the national opposition to the Community Charge (especially vehement in the North of England and Scotland) contributed to the downfall of Margaret Thatcher, who resigned as Prime Minister in November the same year, defending a tax which an opinion poll had found 12% favoured. [7] John Major, who succeeded Thatcher, announced that the tax would be abolished.

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