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These charts show how Britain’s Tory party lost its way

www-economist-com.libproxy.berkeley.edu · 93 words · saved by 1 readers

A fter 14 years in power Britain’s Conservative Party is on the verge of losing it. Rishi Sunak, the prime minister, and his party are polling 20 points behind the opposition Labour Party a few days before the election scheduled for July 4th. Our prediction model suggests that the Tories could end up with their lowest share of seats in history. Incumbents globally are having trouble winning elections (look at what just happened to Emmanuel Macron). But the Tories’ troubles look especially bad. Here is a data-driven guide to some of their most important policy missteps, plus a couple of cases in which they got things right. No policy is more important to the Conservatives’ brand than prudent management of public finances. The Tories inherited an enormous deficit when they won power from the Labour government in 2010. The financial crisis of 2007-08 had pushed the gap between spending and receipts to 7% of gdp (see first chart). The pandemic that took hold in 2020 blew an even bigger hol

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