The bulk of the pain has been borne by government and business, but that is about to change
Those of us with long enough memories can vividly recall the recession of the early 1980s. Unemployment climbed inexorably as many of the big names of British industry collapsed or restructured. The economic pain was palpable and bled straight into popular culture, music and TV drama in particular. Even now, just the mention of Boys from the Blackstuff conjures up the despair of joblessness and communities being torn apart.
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