177. People's budget

177. People's budget

Lloyd George wasn't going to be able to fund his ambitious plans for social reform by simply cutting expenditure elsewhere in government, specifically on defence. Instead he was going to have to cover both social assistance and defence.

That meant that he was going to have to raise the money from taxation. His answer was a 'people's budget'. It included a tax on value gained from selling land, and some dramatic innovations in income tax, which would certainly increase its burden.

That raised a heck of a lot of hackles, especially among the wealthy, which included most of the membership of the House of Lords. For a while, the government believed that the Lords would respect the convention, in force for over two centuries, whereby the Lords left 'money bills' alone.

Not this time. They refused to adopt the Finance Bill until the issue had been tested with the electorate. So Asquith and Lloyd George would be going to the country looking for a popular endorsement of the measures in the 'People's Budget'.


Illustration: The ‘terrible twins’: David Lloyd George (left) and Winston Churchill, the radicals of time of the People’s budget. Public Domain

Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License.


Episoder(275)

242. A wind of change driving the retreat from empire

242. A wind of change driving the retreat from empire

‘The wind of change’ was the other famous phrase of Harold Macmillan’s, along with ‘You’ve never had it so good’. It came in a speech in which he talked about how a movement had grown up in many count...

4 Mai 202514min

241. Supermac: you've never had it so good

241. Supermac: you've never had it so good

Macmillan overcame the terrible legacy of the Suez catastrophe and, running an economy focused on growth to fund increasing living standards, giving him the opportunity to annouce that people had neve...

27 Apr 202514min

240. Suez: nail in the imperial coffin

240. Suez: nail in the imperial coffin

Anthony Eden started his premiership well, chalking up a general election win and the lowest level of unemployment Britain has seen at any time since the Second World War. Little else went well, howev...

20 Apr 202514min

239. Winston back, Winston out

239. Winston back, Winston out

The old man was back. The Conservatives won the 1951 election and Winston Churchill returned to Downing Street. And he really was an old man – nearly 77 when he took office. To many, he it seemed incr...

13 Apr 202514min

238. Decline to defeat

238. Decline to defeat

Circumstances seemed unfavourable for a Labour victory in a 1950 election but, when it was held, Attlee managed to lead his party to the second win in its history. It took a majority of the popular vo...

6 Apr 202514min

237. Citizen socialism at home, resisting the Soviets abroad

237. Citizen socialism at home, resisting the Soviets abroad

What Attlee’s government had shown was that, though it regarded itself as Socialist, it was a very distinctive kind of Socialism and heavily influenced by Liberal thinking. Where a more Marxist Social...

30 Mar 202514min

236. Greyness at home, decline abroad

236. Greyness at home, decline abroad

Of the five ‘giant evils’ William Beveridge identified, the Attlee government set out to deal with want through social security, squalor through better housing, ignorance through more schooling and di...

23 Mar 202514min

235. Clem against the Evil Giants

235. Clem against the Evil Giants

In the July 1945 general election, the British public offered Winston Churchill, as he put it himself, the ‘order of the boot’. A victorious war Prime Minister was kicked out. In his place, his deputy...

16 Mar 202514min

Populært innen Historie

med-egne-oyne
rss-dette-ma-aldri-skje-igjen
historier-som-endret-norge
henrettelsespodden
rss-katastrofe
historier-som-endret-verden
rss-nadelose-nordmenn-gestapo
rss-benadet
sektledere
rss-strid-de-norske-borgerkrigene
aftenposten-historie
rss-frontkjemperne
rss-politisk-preik
rss-gamle-greier
rss-bisarr-historie
historiepodden-ww2
historiepodden
rss-historiske-romanser-svik-drap-og-kjarlighet
rss-historiepodden-ww2
vare-historier