Friday, May 8, 2015

Congratulations to David Cameron

___Margaret Thatcher stopped a long slide towards socialism in the United Kingdom and prospered the U.K. for the next 11 years as Prime Minister. Dealing with entrenched socialists required her to be the "Iron Lady." She became a conservative mentor for Ronald Reagan when he was elected President two years later. There is appropriately a statue of her at Hillsdale College in Michigan.

___We Americans would hope that David Cameron is equally as effective and successful in his next five year term. Already the U.K. labor force participation rate in the U.K. is 74% compared to the dismal 62.8% in the U.S. Hopefully Americans will see the contrast between conservative and liberal/labor policies. British voters are obviously not stupid! What do you think Professor Gruber?!

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