People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
David Lloyd George on 12 June, five days before the conference was due to start, he suffered a stroke which put him out of action for three months. Lloyd George was given a rapturous welcome. Asquith resigned as party leader in October, dying in 1928. As Liberal leader at last, Lloyd George used his fund to finance candidates and put forward innovative ideas for public works to reduce unemployment (as detailed in pamphlets such as the "Yellow Book" and the "Orange Book"). Lloyd George was also helped by John Maynard Keynes to write "We can Conquer Unemployment", setting out economic policies to solve