"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."
React to this quote
More by Margaret Thatcher
See allResonant Thoughts
"All Iranians with little knowledge are concerned about the country's backwardness - especially the decline of Iran from a large and powerful empire to a weak and small state. Where is the root of dege…"
"Citizenship? We have none! In place of it we teach patriotism which Samuel Johnson said a hundred and forty or a hundred and fifty years ago was the last refuge of the scoundrel -- and I believe that …"
Explore Further
Related Quotes
"One of the big things my dad was running on was changing Washington, breaking that cycle, I felt like the o…"
— Sarah Huckabee Sanders"I feel like I was more accepted by the white community than the black . A lot of the time, the black kids w…"
— AJ Tracey"In my opinion, as far as action is concerned, and physical action, the punches and kicks, they don’t really…"
— Rick Yune"Virtually all ideologues, of any variety, are fearful and insecure, which is why they are drawn to ideologi…"
— Jane Jacobs"Did Stanton say I was a damned fool? Then I dare say I must be one, for Stanton is generally right and he a…"
— Abraham Lincoln"“In the beginning of AH 697 ‘Alãu’d-Dîn sent Almãs Beg and Nasrat Khãn along with other chiefs of Dehlî and…"
— Firishta