Unfortunately, no Winter of Discontent and Labour winning the 1979 General Election won't prevent the 1979 Oil Crisis and the economic recession of 1979-81. When the Conservatives came to power in 1979 they promised to strengthen HM Forces, but the deterioration in the economy resulted in first the cancelling of the expansion plans and second the infamous 1981 Defence Review. If James Callaghan had won in 1979 my suspicion is that there would still be piecemeal defence cuts 1979-80 and a full-scale defence review in 1981 . On the other hand Messrs Callaghan & Healey are likely to have handled the economy rather differently than Mrs Thatcher & Geoffrey Howe. Whether, that would improve, worsen or make no change to HMG's finances 1979-82 is another matter.