Current Affairs Liz Truss

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Bruce Wayne said:
Reading a book by Jon Moynihan at the moment (he's in the Lords (somehow)). He's both a Brexiter and a Truss devotee (he thinks the BoE done her over). The book is on how the country can get back on track. While there are one or two good suggestions (especially around pensions and planning), there's a whole lot of the book riling against forens and the wokerati. Quite an insight.
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bus depot lost property find?
 
Bruce Wayne said:
Reading a book by Jon Moynihan at the moment (he's in the Lords (somehow)). He's both a Brexiter and a Truss devotee (he thinks the BoE done her over). The book is on how the country can get back on track. While there are one or two good suggestions (especially around pensions and planning), there's a whole lot of the book riling against forens and the wokerati. Quite an insight.
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The fundamental problem is, their core premise doesn't work. It sounds good on paper, but it simply doesn't work as they think it does.

It's not that it was the wrong time,.or administered badly, its that it's a flawed ideology. The market doesn't magically work and become rational and efficient.

They will never be able to accept that though. Even when overwhelming evidence, ah la Truss is presented to them. The economics equivalent of the Easter Bunny Frederick Hayek said different, so it's obviously true.
 
peteblue said:
She did crash the economy, and Reeves is doing the exact same but via different methods……..
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Reeves is in the middle of a disaster, partly due to her own making after her handling of the shambolic economy she inherited.

However Truss and Kamikwazi must go down in the record books as the most calamitous stewards of the UK economy.

Reeves has not yet crashed the economy and I do hope that it remains uncrashed. If Reeves ends up as the turnip to Truss's lettuce it will be a poor day for us all.
 
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