[ad_1]
Everything indicates that in next week’s election U.K. The conservatives will be crushed. After 14 years in power, they will be forcibly replaced. Labour Party From the left.
A survey predicts Labor workers More than 500 of the 650 seats will be awarded Low camera Parliament and conservative Not even 50 yet. Analyst Fareed Zakaria said this would be the worst possible outcome Conservative Party Since its establishment in 1834.
As Zakaria and others have pointed out, this is a major setback, with 2019 alone being the year conservative Gained the majority Low camera Labour achieved its worst result in 85 years.
What happened British Are they turning around so much? The main question is, analyst Ryan Bourne said U.K. Since the international financial crisis, economic growth has been sluggish. Please note that “his economy “If actual production had continued on the trend before 2008, production is now 37% lower than it would have been.”
Like previous governments, the current government Rishi Sunak He failed to implement his growth agenda. Instead, he raised taxes significantly. Since 2019, the total tax burden has increased by a massive 3.4 percentage points. Polyphenylene isobutylene —According to Byrne, it reached its highest level after the war.
A long time has passed since that incident Conservative Party It is no longer a political party Margaret Thatcher. Under their governments, public spending has risen by more than 40%. Indian Public Service Service. When David Cameron came to power in 2010 his focus was on reducing the huge fiscal deficit, and he did this through tax increases and spending controls.
He did not implement growth-friendly supply-side reforms, such as deregulation. Cameron called for a Brexit referendum despite opposition. Brexit was approved, which ultimately had a negative impact on investment and trade, particularly due to the political uncertainty it created.
Prime Minister Theresa May (2016-2019) managed the complex transition to Brexit but was less popular. Boris Johnson, Those who support Brexit promised to restore growth. But Johnson He eventually became a frivolous leader whose government coincided with Pandemic This caused public spending and debt to soar again.
Liz Truss He came to power in 2022 and opposed raising taxes. But how Chief Minister He cut taxes while increasing spending, and the market reacted negatively as being incoherent and unsustainable. His tenure in office was the shortest in history at 50 days. Prime Minister in history British.
altar Then, he came and raised taxes, just as he had promised. Bourne Pointing out that after 14 years of low growth and the highest inflation since 1982, the Conservatives are deeply unpopular. Not only have they failed to boost economic growth, they are no longer even seen as a serious political party.
he Labour Party, On the other hand, he is also politically savvy. He has moved towards the centre and turned his back on his far left. This means that we should not expect a sharp leftward shift in public policy. Presumably, the votes Labour will receive are more than just a rejection of the Conservatives.
Conservatives, for their part, are divided because of the emergence of alternative right parties in recent years. Reforming Britain, You will get Conservative Party, According to the survey. The young party will try to dominate the right and merge parties, but the right is likely to remain divided.
The game is Thatcher It will become a distant memory.
[ad_2]
Source link
