Margaret Thatcher Got This Completely Wrong
What Margaret Thatcher said here is completely untrue. There are numerous government investments that add jobs (thus adding to the tax base) and make our country more competitive on the global stage.
This why it’s such a disaster that the United States is being led around by the nose by the fossil fuel industry. Falling behind in clean energy and transportation simply lifts the Chinese to a position of economic world leadership.
Thatcher was famously a contemporary of Ronald Reagan whose theory of “trickle-down economics” was equally incorrect, and did untold damage to this country, both economically and socially.