muhammad_isa
Veteran Member
Of course they do .. they are more interested in seeing their wealth hold its valueGuess who actually opposes high employment rates? Capitalists (as in capital owners)
than the plight of the unemployed.
They even massage the figures to disguise the fact, by moving them off unemployment benefits .. when it suits them, of course..
In November 1979, the Thatcher government in UK raised interest rates to 17% in order to tackle inflation. This harmed manufacturing industry and exports, but did eventually have the desired effect on inflation.
- BBC Archives -