auntblabby wrote:
one example of the democrats-preferred-in-economic-downturns- from '29 [october stock market crash] to '32 [the depth of the depression] republican herbert hoover did NOTHING with the levers of gov't control, to ameliorate the situation, didn't lift a finger. the market regulates itself, he said. so in november of '32 a plurality, a landslide, of voters said "ENOUGH!!" and voted in a democrat [FDR] who said he would use gov't to help the people. and he did.
Yes, we had the same “let the market sort itself out, consequences be what they may” approach from Conservative governments during the Great Depression (a departure for the Tories, during most of the preceding 70yrs they’d been pro-intervention “One Nation Tories” and the Liberal party had been the laissez faire ones).
The public responded by voting in our first Labour government lead by Ramsey Macdonald. Unfortunately the party disintegrated due to factional infighting when faced with the need to prioritise between policies: Macdonald sacked his entire cabinet and hired Tories in their place in order to give the country some, any, kind of functioning government.
His name and reputation are still regarded as a byword for treason by many on the British political left to this day.
It took collaboration with the Tories in the WWII coalition national government for the Labour Party to regain public trust.
They then won the ‘45 election with landslide majority and broadly speaking implemented the policies they’d failed to deliver on in the ‘30s.
(The Marshall Plan aid from your country meant they had enough cash to damp down the squabbles over priorities for the most part, although the health minister did resign in protest when the leader (Attlee) insisted on mandating a nominal fee for prescriptions)