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”

Merkel’s economic chancellorship

Angela Merkel become the German chancellor in 2005. Merkel ran as the CDU/CSU candidate, the centre-right Conservative alliance in Germany. The CSU contests elections in only Bavaria, whereas the CDU operates in the other states of Germany. In the election campaign, the CDU/CSU pursued a fiscally conservative agenda, promising more deregulation, tax reductions and publicContinue reading “Merkel’s economic chancellorship”

A cut to Universal Credit

At the start of the coronavirus pandemic, the government introduced a temporary £20 uplift to Universal Credit. It was announced to help claimants through the economic disruption that the pandemic brought with the Universal Credit recipients doubling between March 2020 and January 2021 from three to six million. However, on October 6, the temporary upliftContinue reading “A cut to Universal Credit”

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”