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→Economy
===Economy===
===Economy===
Much of the disillusionment with Wilson was due to his perceived failure on the economic front. He pledged not to devalue sterling, however he crumbled under pressure by striking from the National Union of Seamen and resorted to devaluation in 1967. He also promised to keep unemployment low, but by 1970 had accepted a higher rate of joblessness than the Conservatives had endorsed. Wilson failed to implement two radical election pledges: to produce a comprehensive state earnings-related pension scheme and to introduce the 'income guarantee' - a minimum benefit to be paid without recourse to the traditional means test.
Much of the disillusionment with Wilson was due to his perceived failure on the economic front. He pledged not to devalue sterling, however he crumbled under pressure by striking from the National Union of Seamen and resorted to devaluation in 1967<ref>The Making of Modern Britain 1951-2007- Chris Rowe: Page 53</ref> He also promised to keep unemployment low, but by 1970 had accepted a higher rate of joblessness than the Conservatives had endorsed. Wilson failed to implement two radical election pledges: to produce a comprehensive state earnings-related pension scheme and to introduce the 'income guarantee' - a minimum benefit to be paid without recourse to the traditional means test.
Wilson's problems and defeats have obscured some of the modest achievements of the period. Science and education spending grew very quickly, industrial investment rose, and government was increasingly well-informed and better advised about the performance of the economy. In an increasingly unstable and rapidly changing economic environment, this government's economic record was one of muddling through, with little long-term vision.<ref> O'Hara (2006)</ref>
Wilson's problems and defeats have obscured some of the modest achievements of the period. Science and education spending grew very quickly, industrial investment rose, and government was increasingly well-informed and better advised about the performance of the economy. In an increasingly unstable and rapidly changing economic environment, this government's economic record was one of muddling through, with little long-term vision.<ref> O'Hara (2006)</ref>