To what extend can the period of 1951 to 1964 be viewed as '13 wasted years'?

TO WHAT EXTENT CAN THE PERIOD OF 1951 - 1964 BE VIEWED AS '13 WASTED YEARS'?

ECONOMY

• There was a CONSUMER BOOM, people could afford to my many goods with more money.
• "We've never had it so good" - Macmillan's proclamation.
• Low unemployment, below 2%.
• Macmillan was cooperative with the unions.
• Not a Government spearheaded boom!
• Whilst the Consumer boom was…