“In this country over the last five years pay has doubled, whereas output has slightly fallen. That is totally different from the position with many of our competitors. Pay in those countries has gone up hand in hand with productivity. Consequently, they have the jobs and we have a larger proportion of the unemployment.”

— Margaret Thatcher

Prime Minister's Questions (2 June 1981) http://www.margaretthatcher.org/document/104659
First term as Prime Minister

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Margaret Thatcher 348

British stateswoman and politician 1925–2013

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Margaret Thatcher 348

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