John Major's Resignation Speech (1997)

John Major gives his final speech as Prime Minister following the Conservatives general election defeat of 1997 and resigns as party leader. He warmly congratulates the opposition on thier victory and urges them not to squander the opportunities offered by the best economic situation handed over to any incoming government since the First World War.

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News & Politics

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• Britain
• Politics
• 1997
• 1990s
• John
• Major
• Tony
• Blair
• Conservatives
• Labour
• Downing
• Street
• Prime
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• General
• Election

[ukipwarrior]

cue 13 years of hell......

[murrchops]

and look what Labour did: greed, debt, humiliation, and shame.

[TheJaaysog]

god dam market forces

[ukipwarrior]

@arranle "Growth" fuelled by a credit card splurge on cheap chinese goods & rampant bankster lending, "Investment" more like signed us up to endless PFI deals for private contractors to get LOADED, lost 1 million manufacturing jobs, put people in non jobs by borrowing from private bondholders doubling national debt, fudged unemployment figures and said people were "incapicitated", created a dangerous asset bubble, oh and illegally invaded a soverign nation....Bullshit indeed

[arranle]

@ukipwarrior Bullshit! 10 Years of extended growth, Rebuilding Schools, Massive investment in the Health Service and low unemployment!

[3NUNS]

@DukeofWellington91 : Yes. And per example. Britain's coal mines are closed. Railways are closed. Islamic immigration becomes the commodity instead of Her Majesty's 'pound stirling'.

[3NUNS]

'E fawgot to mention 'Er Majesty ! Oh. The First World War ! What would he know ? He wasn't even born ! Economics is really about who gets what ! The First World War ? Think of the millions that went over the top ; to be industrially slaughtered ! Think of the economists that said : 'Germany must pay !' They essentially brought on Hitler. And then. Another industrial phase was brought on. This time much much more intense. Economics again. Perhaps the reason why Herr Doctor Speer didn't swing.

[DukeofWellington91]

@boffinme80 The problem with economics is that things can appear to be very good when actually you are sowing the seeds for future problems. When people study the boom bust cycle they mistakenly look to the bust and not the boom as the source of the problem. Post-war policy under both parties but particularly Labour undermined business, destroyed our culture of enterprise and empowered the trade unions, Britain suffered the results of this in the 1970s. Wilson shares much of the blame.

[boffinme80]

@DukeofWellington91 I really don't get people on the internet. I mean seriously -_- Wilson was not BAD, he was a lot better thah the current pms we have now. When Wilson was in power we weren't in debt, there were no strikes, he wanted the best for our country. I've never heard Wilson having a bad record. He had his flaws yes, but he didn't lead us into economy crisis. It was Edward Heath and the useless lot in the Conservatives who lead us into the recession in the late 70s.

[DukeofWellington91]

@boffinme80 Wilson had a very bad record really, the devaluation of the pound, and the beginning of the crisis we faced throughout the 70s. Both Macmillan and Wilson presided over periods of low unemployment, true, but at what cost it is easy to have full employment, the difficulty is to have people doing productive jobs and throughout the post-war period Britain lost competitiveness to rivals and sowed the seeds of the future destruction of our manufacturing.

[boffinme80]

@DukeofWellington91 *Attlee.