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TORIES' IRON GRIP GONE LIMP.(ISSUES & INSIGHTS)(EDITORIALS)

Investor's Business Daily

| June 05, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

For anyone curious, it's all over but the shouting in Britain's election. The opposition has all but conceded what should have been the most hotly contested general election in decades. Is there a lesson here for American politicians?

Enough has gone wrong in Britain over the last year for its ruling Labor Party to worry. Two things stand out: Foot-and-mouth disease has decimated the rural economy, and the much-vaunted National Health Service is near collapse.

Usually, those would be enough to get a sitting prime minister booted out. And yet, barring an electoral miracle, Britain's Conservative Party is on the verge of another historic drubbing at the polls.

Recent polls show the conservatives trailing Labor by 17 percentage points.

It's gotten so bad that the British bookmaker Ladbrokes says it will pay offits election bets on Labor now -- two days before Thursday's election.

And "Iron Lady" Margaret Thatcher warns of an "elective dictatorship" if Labor Prime Minister Tony Blair thrashes the Conservatives again at the polls, as he did in 1997.

The once-mighty Conservatives, who held an iron grip on the nation's leadership from 1979 to 1997, are ...

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