ON THE Big issues, the Brits always seem to be a step ahead of us.

They were the ones, after all, who invented English and, with the Magna Carta in 1215, took the West's first small steps toward democracy.

They outlawed slavery in 1833, 30 years before Lincoln's Emancipation Proclamation. They took on Hitler in 1939, two years before Pearl Harbor woke this country up.

That's heady stuff. But it's also old stuff. Of more recent interest is the Brits' behavior at the voting booth since 1979.

That's when they catapulted Maggie Thatcher and her Conservative Party to a parliamentary majority in 1979, one year before Americans elected Ronald Reagan president. And while the Brits went for Thatcher twice-more over the next decade, we Americans followed them by re-electing Reagan in 1984 and then Bush in 1988.

And just last Thursday, they went for the Conservatives for the fourth straight election, keeping 10 Downing Street the home of Prime Minister John Major, Thatcher's successor as the Conservative Party leader.

By George, Bill Clinton should be shitting in his britches.

WITH BRITAIN mired in its biggest recession since the 1930s, the big election debate in 1992 centered on taxes and health care.

Neil Kinnock, leader of the Labor party, promised to increase public services by raising tax rates on the wealthy and to undo the Conservatives small market-oriented reforms in the National Health service. Major, on the other hand, told voters that Labor's proposed tax increase would inflict further damage on the economy and defended his government's health policies.

And while Britain's position on European integration had been the focus of much debate in recent years, foreign policy issues were hardly discussed in this year's campaign at all.

There was also the personal factor in the election. While personality was probably not as important as substantive economic issues, voters found Major dull though inoffensive, compared to the flamboyant Thatcher who had led the Conservatives to their past three election victories.

More importantly, though, voters were somewhat uncomfortable with Kinnock, who had in the 1980s led a party that advocated more radical left-wing positions--like hefty tax increases, nationalization of industries and unilateral nuclear disarmament--than it did this year.

And when the fat lady finally sang, the Conservatives got 336 seats and Labor 271 in the 651-member parliament. A handful of smaller parties took 25 seats between them.

In a post-election New York Times editorial, Anthony Lewis called Kinnock's record "historical baggage," writing that "perhaps it will just take time, and a new party leader to giver Labor the modern look of a European social democratic party."

The only other party that has a significant delegation in Parliament is the Liberal Democrats, who have 18 Members of Parliament. They actually received 18 percent of the popular vote, but Britain's electoral system, like America's, is not proportional. The top vote-getter in each district gets the seat in parliament.