Current Affairs Liz Truss

[Eggs]

It's hard to see how this rebuilds confidence in Truss though as it just rolls back everything she said was not only essential but most certainly wouldn't be rolled back on. If anything it undermines her more, surely?

It's a bit reductionist, but the general rule of thumb with decisions is that you take riskier choices when you can easily undo them, but when that's harder to do then you make extra sure you're doing the right thing. Truss and Kwarteng didn't do that as they dismissed pretty much all sound economic advice and plowed ahead regardless. This highlights how poor their decision-making was.

….it absolutely does, no11 and not no10 now seems to be running the show. Hunt is essentially acting PM.

The quandary for Tory MPs is whether they want the turmoil of another leadership contest with no single candidate they can all get behind to crown.

i imagine the Labour Party will be delighted if Truss stays.

 

[Haydn]

It's hard to see how this rebuilds confidence in Truss though as it just rolls back everything she said was not only essential but most certainly wouldn't be rolled back on. If anything it undermines her more, surely?

It's a bit reductionist, but the general rule of thumb with decisions is that you take riskier choices when you can easily undo them, but when that's harder to do then you make extra sure you're doing the right thing. Truss and Kwarteng didn't do that as they dismissed pretty much all sound economic advice and plowed ahead regardless. This highlights how poor their decision-making was.

I suspect it’s all intentional and Hunt will continue to trash as much of the Truss - Kwarteng budget as is possible.

Use OBR reports etc, to validate his interventions.

Thereby completely ridiculing Truss, (whilst stating his full support for her) she will be left with no choice but to pack her bags or face further humiliation.

 

[woomy]

….it absolutely does, no11 and not no10 now seems to be running the show. Hunt is essentially acting PM.

The quandary for Tory MPs is whether they want the turmoil of another leadership contest with no single candidate they can all get behind to crown.

i imagine the Labour Party will be delighted if Truss stays.

Oh, I have no doubt Hunt is in charge.
I think I said a few days back, all Truss has done is employ her successor.
Will the Tories make it official and put him in no 10 or leave it as it is and let him take over when they get obliterated in the polls?
That is the one that remains to be seen.
I can easily see a point though where Truss just steps down and Hunt moves across.
Probably be sold as the right thing to do for the country to unite and she gets a nice position somewhere with a decent pay rise, to make it happen.

 

[Moomin]

 

[Yarrgh]

I suspect it’s all intentional and Hunt will continue to trash as much of the Truss - Kwarteng budget as is possible.

Use OBR reports etc, to validate his interventions.

Thereby completely ridiculing Truss, (whilst stating his full support for her) she will be left with no choice but to pack her bags or face further humiliation.

I think that you may underestimate the brassneckedness ahe may have.

 

[Daveysgingerlovechild]

I think that you may underestimate the brassneckedness ahe may have.

Aye, absolute faith in her own (in)ability.

I get the sense she genuinely will not see it as having made errors, some serious filters and mental gymnastics go on with her.

 

[Marius57]

5 weeks as PM. Now means she gets 115k a year for life. What a fantastic system we have.

 

[longers]

5 weeks as PM. Now means she gets 115k a year for life. What a fantastic system we have.

She will probably make millions on the public speaking circuit as well when she inevitably gets replaced

 

[Bohemian Toffee]

She will probably make millions on the public speaking circuit as well when she inevitably gets replaced

Have you heard her speak? I can't see her selling out too many venues.

 

[Moomin]

Have you heard her speak? I can't see her selling out too many venues.

Was going to say this.

Maybe , she can do a talk about how not to speak.

 

[Kurt.]

Have you heard her speak? I can't see her selling out too many venues.

Rich Tories will pay large amounts to sit in a room drooling over her.

 

[hirons11]

Rich Tories will pay large amounts to sit in a room drooling over her.

There‘s a few socialists on here that would pay good money to do a bit more than drooling over her (allegedly) . Perhaps that’s where her future lies extracting the last pounds of the hard up working man.

 

[Daveysgingerlovechild]

Be queuing up to hear about pork markets I reckon

 

[steven]

….it absolutely does, no11 and not no10 now seems to be running the show. Hunt is essentially acting PM.

The quandary for Tory MPs is whether they want the turmoil of another leadership contest with no single candidate they can all get behind to crown.

i imagine the Labour Party will be delighted if Truss stays.

It's really odd - Hunt has managed an unelected coup of sorts like you'd see in South America.

Truss surely will be off this week.

 

[ToffeeTim]

About 90% of her budget has now been reversed. Hunt is basically acting as the PM. What a bizarre situation.