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Thatcher = The Antichrist, George W Bush but with brains, Reagan but more vicious. Systematically defunded education, destroyed the manufacturing sector, caused 12% unemployment, deliberately made the NHS as inefficient as possible in hopes of convincing us to accept American-style triage-by-wallet (it didn't work). Caused nationwide rioting by attempting to implement a literal poll tax. Remains popular with those who were upper-middle or upper- class at the time as they made out like bandits while everyone else suffered. We're still cleaning up her mess today.
Cameron is looking to rerun Thatcher's policies. A Cameron administration would mean (and this is first because I rely on it) massive cuts to the social safety net. For the last two years, the tabloids have been running a hate campaign demonising anyone claiming social benefits as unworthy scroungers who live the high life at taxpayer expense (think Reagan's "welfare queen" with an implication that they should be hanged; there is very little actual truth to this). Cameron would use that to enact crippling cuts to the welfare state, condemning ever more to abject poverty. As far as the Tories are concerned, there is no such thing as someone too sick to work and no such thing as being unable to find a job. Thatcher was notorious for saying "there is no such thing as society", Cameron embraces that.
In terms of economics, the Tory party are inextricably wedded to trickle-down economics. Some of Cameron's announced policies include a cut in capital gains tax and a cut in the estate tax, both moves that would disproportionatly benefit the very wealthy, shifting the burden of making that tax up to the middle and working classes. Cameron has said he would like to model our economy after Ireland just when Ireland's economy is collapsing. His party is mostly funded by big business and the superich who he would be indebted to if he got elected and, based on past actions, the Tories would run the government for their benefit.
On social policy, the Conservatives are, well, conservative. They opposed the gay-marriage-in-all-but-name bill. They were responsible during the Thatcher years for Section 28 of teh Local Government Act (which forbade local government's from "promoting" homosexuality and was universally interpreted to mean you couldn't support or mention gay people at all). Abortion is pretty much a done and dusted deal here but if Cameron smells a vote in it, you can be sure he'll bring it up. The Tories have historically done badly in areas with higher immigrant communities and more social integration so you can expect them to try and prevent integration. Around 85% of immigration talk is code for racism anyway and Cameron's party barely bother making the pretence.
In foreign policy, a Cameron government would be even more bombastic than Blair was. Cameron has already courted allies in Europe among those who deny climate change and anti-semites. He is fairly likely to pull us out of the EU (which would flatline what little export market we have left) and, like many conservatives, seems to relish the idea of being hated by the rest of the world.
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