In OTL the second Labour government took office early in 1929. It faced the coneqences of the slump and collapsed in 1931.
In the 1929 the Liberal Party had staged a partial recovery based on We can conquer Unemployment advocating what we would call a Keynsian strategy.
Now until just before WW1 the maximum term for a Parliament was 7 years. It was shortened as part of the deal to weaken the power of the House of Lords.
WI that clause had not been in the Parliament Act. Baldwin would NOT have called elections two and a half years early (especially as he had a bad experiience with early elections in 1923.
Any elected government was going to have problems retaining power after October 1929.
I think it possible that Lloyd George would have managed to ensure that the Liberals were at least one of the two larger parties.
It is possible that the Conservatives would have been virtually excluded from Parliament in a general election between the autumn of 1930 and the end of 1931 in these circumstances.
I believe that a New Deal type programme would have worked quite well.
I think that there would have been some kind of Dominion status for India.
I think Hitler would have been more cautious faced with a stronger Britain, perhaps the same for Mussolini.
In the 1929 the Liberal Party had staged a partial recovery based on We can conquer Unemployment advocating what we would call a Keynsian strategy.
Now until just before WW1 the maximum term for a Parliament was 7 years. It was shortened as part of the deal to weaken the power of the House of Lords.
WI that clause had not been in the Parliament Act. Baldwin would NOT have called elections two and a half years early (especially as he had a bad experiience with early elections in 1923.
Any elected government was going to have problems retaining power after October 1929.
I think it possible that Lloyd George would have managed to ensure that the Liberals were at least one of the two larger parties.
It is possible that the Conservatives would have been virtually excluded from Parliament in a general election between the autumn of 1930 and the end of 1931 in these circumstances.
I believe that a New Deal type programme would have worked quite well.
I think that there would have been some kind of Dominion status for India.
I think Hitler would have been more cautious faced with a stronger Britain, perhaps the same for Mussolini.