All pain, no gain: Labour's odd

Britain's governing party spends its political capital for little return

只有痛苦,没有收获:工党的奇怪策略

英国执政党花费其政治资本,回报甚微

Jun 4th 2025

2025年6月4日

All politics is about pain. Governing is a matter of deciding who is hit and how hard. Sometimes this can be a virtue. "If it isn't hurting, it isn't working," was the mantra of John Major, a former Conservative prime minister, who embraced high interest rates and high unemployment in order to bring down inflation during the early 1990s. Ronald Reagan opted for a similar slogan when suffering the same ailment: "No pain, no gain."

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