This Labour government must not fail. If Keir Starmer does not succeed, British voters will see both Labour and Conservative as useless, leading to nationalist populism.
If this Labour government goes down, what comes next will be Faragism, either as a Reform UK-Conservative hybrid or neat and undiluted. That is what's at stake.
Anyone who fears populism in Britain has to hope that Labour can somehow buck the anti-incumbent trend, showing that mainstream politics can address the woes of the 2020s.
The cautionary tale here is the fate of Joe Biden's administration: despite positive metrics, voters felt economically insecure, demonstrating that perception matters as much as data.
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