Margaret Thatcher’s Last Shot at the Socialists

 The Prime Minister:

 

 

Reagan 1984 coffee cup

People on all levels of income are better off than they were in 1979. The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.

Yes, it came out. The hon. Member did not intend it to, but it did.

I think that the hon. Gentleman knows that I have the same contempt for his socialist policies as the people of east Europe, who have experienced them, have for theirs. I think that I must have hit the right nail on the head when I pointed out that the logic of those policies is that they would rather the poor were poorer. Once they start to talk about the gap, they would rather that the gap were that—[indicating[—down here, not this—[indicating[—but—[indicating.] So long as the gap is smaller, they would rather have the poor poorer. One does not create wealth and opportunity that way. One does not create a property-owning democracy that way.