The Economic legacy of Major’s government

John Major became Prime Minister in late 1990, following Thatcher’s resignation. He took over the premiership at a time when the Conservatives were deeply unpopular, with polling showing Labour’s Neil Kinnock with a 23% lead over the Tories. This was down to a combination of factors; the economy was in recession from the early 1990s,Continue reading “The Economic legacy of Major’s government”

The Economic legacy of the Bush administration

An underrated President by many, George W Bush took office in 2001 amid a recession due to the collapse of the tech bubble that began in the 1990s. Bush’s first election was of particular controversy, due to the close margin of victory in Florida that pushed him just over the 270 electoral votes that wereContinue reading “The Economic legacy of the Bush administration”

The Economic legacy of the Blair administration

Tony Blair became Prime Minister in 1997. This came after a landslide election victory in which the Labour Party gained 145 seats, taking them to a total of 418 seats. With a majority of 179 seats, the Labour government held the largest parliamentary majority since 1935. The transformation of the Labour Party into ‘New Labour’Continue reading “The Economic legacy of the Blair administration”

The Economic legacy of the Obama administration

Barack Obama became the President of the US amid the worst recession since the Great Depression. He took over from President Bush following the sub-prime mortgage crisis, with the economy contracting during his first quarter in office. Thus, his legacy came to be defined by his post-recession economic policies. Supporters and proponents of what hasContinue reading “The Economic legacy of the Obama administration”