Source P pointed out that the Falklands war not only saved Thatcher from a potential defeat in the 1983 election; it also raised her ratings in the opinion polls from rock bottom in the late 1983, to an extremely high rate of 51 per cent in June 1982. The Falklands victory elevated Thatcher to a new level and boosted her personal reputation. Indeed her leadership throughout the Falklands crisis contributed a lot to her victory. Her commanding conduct and demeanour added to her reputation. People even likened her to Churchill in her ability to inspire the nation in wartimes.
Economists still argue whether Reagan’s actions were helpful or harmful to the United States economy. They question whether it was Reagan s policies that pulled the United States out of the 1982 recession, or whether it was new money being poured into the economy by the Federal reserve. Also many people believe that Reagan’s policies are having more effect on the economy today than they did during his presidency from 1980 to 1988. I feel that Reagan and his policies were extremely helpful to the economic status of our country. I feel that even though his policies produced a large deficit, his other improvements, such as increased GDP, more jobs, and pulling out of a recession, helped to make Reagan’s time as president a success.
Thatcher’s administration saw and annual percentage growth of 2.7% and a total percentage growth of 69% . Employment plunged from 1.66 million in 1980 to 3.16milllion in 1984 to 2.1million in 1990 and inflation was 6.2% from 1981-1991. Consumer Price Index in the USA went from 47.85% in 1980 to 71.99% in 1989 and in the UK 39.27% in 1980 to 67.67% in 1989. So it can be concluded that both the Reagan and Thatcher governments in terms of economic growth and stability were successful in achieving their objectives. But in terms of public manner the UK experienced much civil unrest under the Thatcher Government and is remembered extensively for this uneasy time.
This was mostly due to the fact that the Federal Reserve, as directed by the President, raised interest rates to curb inflation (millercenter.org). Unfortunately for President Reagan, the blue-collar works that largely supported him bared the brunt of this recession. His tax policy and his slashing of social programs made him look insensitive in the eyes of the public. Luckily, he “stayed the course” in regard to the Federal Reserve interest rate policy as it squeezed inflation out of the economy. As a result, President Reagan’s second term was met with great prosperity for people
In 1932 Franklin D. Roosevelt won the presidency in a landslide victory over Herbert Hoover (President at that time). He implemented many ideas to get the nation out of the depression. He based his ideas off of three principles; relief, recovery, and reform. Roosevelt’s “New Deal” was tremendously successful as it improved the nation’s economy and lowered the enormously high unemployment rate. The event that started the Great Depression was “Black Tuesday.” On this day, the stock market crashed.
Source A was written in 1902, at which point the Conservatives were in power, and had made many mistakes such as decisions about the Boer War, through Balfour. On top of this, the Liberals were getting stronger and more popular, and their ideas (such as free trade and Campbell-Bannerman’s broadchurch approach), were appealing more and more to the public. Source D, however, was written in 1911, when the Liberals had been in power since their ‘landslide victory’ in 1906, winning by a huge majority. Despite the decrease in support since then, the Liberals were still popular, as they had brought in some popular reforms such as the Trade Disputes Act in 1906, and the introduction of old age pensions in
labour 1945.doc (30.3 KB) What was the main reason why Labour won the General Election in 1945? Between 1940 and 1945, Winston Churchill was presumably the most popular British prime minister of all time. He led Britain to a substantial victory over the Nazis with his refusal to surrender to Nazi Germany inspiring the Brits. Nonetheless, the popularity of Churchill and the Conservative Party began to depreciate as in July 1945, the Labour Party won the general election shocking the nation, including Clement Attlee and the rest of the Labour Party themselves. Numerous reasons induced this popular change including being that the Conservatives had adopted some unpopular policies in the 1930s in addition to their weak election campaign.
Progressive’s superior value in its services contributed to high WTP of its target customers. According to the statistic in Exhibit 4, despite its highest underwriting expense rate and highest salaries and fees expense rate, Progressive still ranked first in net income rate among top 10 underwriters in 1993, which may statistically imply that its differentiation strategy generate high profit. Q2. Progressive’s strategy was to differentiate itself from competitors and control the traditionally high cost at the same time to create wider wedge. With this strategy, Progressive successfully built its competitive advantage over
A good endowment has always had a diversified endowment, invested in part overseas. Endowments highly diversified consistently outperformed the overall average by more than three percentage points per year and outperformed other. For most endowments, strong stock markets helped boost returns in 2007, noting that hedge fund did their part to boost returns. Hedge fund investing has become more main-stream among endowments, partly because investment committee members already are familiar
Meaning more middle class (who more or less support Democrats) people pay higher taxes, while richer people save their money. This can be seen when Reagan's adept lowering of the highest tax rate to 50% harnessed these voters' anger allowing the Republican's to maintain business friendly legislation.