Butskellism began as conservatives
continued; commitment to full employment
through Keynesian economic management
high levels of state funded welfare a mixed
economy Labour's key policies were popular,
ending the welfare state would anger Butler
and Macmillan as well as the public. They did
denationalize iron, steel and road haulage
industries
Employment
In 1951 there were 367,000 unemployed. It began to
rise in 1952 so the government responded with public
work schemes. Between 1952-5 figures never exceeded
half a million.
Housing
In 1951 the Conservative manifesto
promised 300,000 new houses a year,
between 1952-1964 the Conservatives
built 1.7 million new homes.
Harold Macmillan is housing minister
Social Policy
Butler's (the coe) first budget introduced
charges of 2 shillings for every
prescription.
Keynesianism
In 1954 Butler cut income
tax and reduced interest
rates to bring inflation
down. Then the tories cut
income tax againin 56 and
59 which led to a boom in
59 and 60.
Most types of rationing inclusing
sugar came to an end in 1953.
Austerity was replaced with affluence.
results
Conservatives 302
Labour 295
Liberals 9
Other 19
Winston himself
Churchill was 77, he would be a consensus prime
minister accepting the welfare states, conciliation
with trade unions. He had already had a heart
attack and was to have a massive stroke in 1953
and eventually retired in April 1955