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Liz Truss’s time is up

Would be interesting to be in Manchester this weekend. I bet it is usually full of happy drunk Tories, but they'll be not wanting to show their faces.
 
Would be interesting to be in Manchester this weekend. I bet it is usually full of happy drunk Tories, but they'll be not wanting to show their faces.

There is a protest on the Sunday (there always is of course). I wasn't gonna go and didn't think it would be that big but a little tempted now.
 
Truss will ride this wave…

I'm not sure she will. She clearly has no idea what she's doing and has nothing going for her. The local radio interviews this week showed she's got no idea how to manage the criticism.

I think the Tories will look at ways to reverse these new polling trends but that may involve getting rid of her.
 

Britain has lived in a “fool’s paradise” for too long and must reduce public spending to help to fund the government’s £45 billion worth of tax cuts, a senior cabinet minister has warned.
Simon Clarke, the levelling-up secretary and a key ally of Liz Truss, criticised the “very large welfare state” and said Whitehall departments would have to “trim the fat”.
Truss and her government are attempting to reassure the markets and their own MPs after the pound fell to a record low this week and the Bank of England was forced to make a £65 billion intervention in the bond market. Labour has taken a 33-point lead over the Tories in the polls, alarming many Conservative MPs.
Truss and her core team believe that the markets have overreacted and will recover once they have seen the full extent of her plans. They include significant cuts in public spending to shore up government finances.
The prime minister refused yesterday to rule out raising benefits at below the rate of inflation as part of government cost-saving measures, saying ministers would make an announcement in “due course”.
In an interview with The Times, Clarke, a member of the “quad” of most senior ministers, said Truss had no choice but to take radical action to limit public spending.
He said: “My big concern in politics is that western Europe is just living in a fool’s paradise whereby we can be ever less productive relative to our peers, and yet still enjoy a very large welfare state and persist in thinking that the two are somehow compatible over the medium to long term.
“They’re not. We need to address that precisely because in the end, if we want those strong public services then we are going to have to pay for them.”
Several Tory MPs, including a serving cabinet minister, told The Times that she would be forced to “back down” because the government had lost so much support over its budget. Tory MPs are in talks with Labour about how to overturn the budget, amid warnings that the Conservatives will lose the next election.
The prime minister rejected pressure yesterday to bring forward an independent assessment by the Office for Budget Responsibility of the impact of her tax cuts on public finances.
Clarke said that public spending must “align” with the government’s new tax plans. “I think it is important that we look at a state which is extremely large, and look at how we can make sure that it is in full alignment with a lower tax economy,” he said. “I do think it’s very hard to cut taxes if you don’t have the commensurate profile of spending and the supply side reform. If we’re adopting this plan, which I think is exciting and fundamentally addresses the competitiveness issue, the rest of the piece needs to move in tandem.
“We are privileged to deal with very large budgets. My experience . . . is that there is always something you can do to trim the fat.”
Tory MPs predicted that Truss would not have the support to push cuts to benefits through the Commons. One said: “We cannot be voting to cap benefits when we’re giving tax cuts to the highest earners.
Other MPs said they were concerned that higher borrowing costs — in part triggered by the government’s tax- cutting budget — could choke off the investment that Truss had put at the centre of her plans. “I know at least one business that has put their expansion plans on hold because they don’t know if they’ll be able to service the debt,” a former cabinet minister said.
Times

Those with nothing must be sacrificed for those who have too much.
The Tories are medieval.

E2A plain text of article
 
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I think I predicted she'd be gone by Xmas. Perhaps she'll be gone by Hallowe'en?
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I'm not sure she will. She clearly has no idea what she's doing and has nothing going for her. The local radio interviews this week showed she's got no idea how to manage the criticism.

I think the Tories will look at ways to reverse these new polling trends but that may involve getting rid of her.
I genuinely think she knows what she's doing, yes she's not very able but she has a handle on the ideas of Hayek.

She has politics, but those politics are of the extreme libertarians.

I have to dig out Nancy Maclean's book Democracy in chains.

Sorry for the Monbiot link A despot in disguise: one man’s mission to rip up democracy | George Monbiot
 
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She's a radical rather than an incompetent, but she's also not the first pick of her own MPs and making the classic new management error of picking every fight possible at the same time. Plus she's not very likable or charismatic. Doesn't usually leads to a long tenure.
 
She's a radical rather than an incompetent, but she's also not the first pick of her own MPs and making the classic new management error of picking every fight possible at the same time. Plus she's not very likable or charismatic. Doesn't usually leads to a long tenure.
Her deficiency on the likability index will make polling recovery/convergence very difficult for the party. For whatever reasons many voters thought that blustercunt was likeable etc. which meant that huge transgressions were overlooked/forgiven. She's got none of that.
 
While I don't doubt their intentions, the Tories always say this. Much of the welfare state is pension money.

More likely an excuse to fund a new round of welfare to work rubbish that will fail, again.

It's post hoc reasoning presented as a truism. But what is interesting is how the UC uplift narrative is still popular, for example Kay Burley f all people presenting it to Chloe Smith. The money given to the rich could fund an extension of that uplift for a consierable period. So there is sympathy fo rthe notion of icnreasing benefits.

of course the uplift completely ignored legacy benefit claimants who were, and still are, ignored completely, through no fault of their own.
 
She's a radical rather than an incompetent
You can't be a radical capitalist in a capitalist system.
She's an extremist certainly, also a fundamentalist, ideologist and belongs to some sort of orthodoxy - but the connaisseurs of all the different flavours of capitalism can hopefully improve our vocabulary - anything but "Trussism" or any other term using a persons name.
Having said that... she certainly isn't Keynsian. (What's a fitting term for that?)
 
Of course you can. Radicalism just means that you don’t take the way things currently work for granted and you don’t respect traditions and rituals.
Radicalism means changing the very roots of the system.
Thus, getting rid of private property would be radical.
Truss, like others, including the extreme-right (hence their name) is just taking the existing fundamentals of the the present system to extremes.
Nothing radical, but extreme.
 
Radicalism means changing the very roots of the system.
Thus, getting rid of private property would be radical.
Truss, like others, including the extreme-right (hence their name) is just taking the existing fundamentals of the the present system to extremes.
Nothing radical, but extreme.
tearing the bottom out of the welfare state + deregulation is pretty radical
 
Good question. I'm being cautious.
No you are not you are being idealist. But you are right, Starmers role will be to negotiate downwards the minimum rich realistically can get away with....that is above 45%...I suggest 50%...and hold off on sending the marines into the Caymans!
 
Radicalism means changing the very roots of the system.
Thus, getting rid of private property would be radical.
Truss, like others, including the extreme-right (hence their name) is just taking the existing fundamentals of the the present system to extremes.
Nothing radical, but extreme.

You're just projecting your values onto the word. Radical isn't a value judgement. Radical does not = good. Plus you could argue she is changing some fundamental roots of how things have been.
 
Ahead of the start of the Tory Party conference tomorrow Truss and Kwarteng (and their speechwriters) have produced matching his 'n' hers newspaper columns explaining the 'necessity' of their actions.

The column by Truss in The Sun (archived copy of the online version here) is illustrated by a photo of her posing yesterday at a British Gas training centre.

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Another picture from the same photo session appears on the same page as Kwarteng's piece in the printed version of The Telegraph (archived copy of the online version of the article here), but in this picture she is intently examining a joint in a piece of copper pipe.

The Sun's influence is a fraction of what it once was but its editorial on the same page gives an indication of what they would like their target audience to swallow.

(...)

This is not to say Kwasi Kwarteng’s tax-cutting moves did not cause City turmoil. They did. We have criticised their handling, timing and lack of oversight by the OBR. But our economy was already in poor shape.

That is the legacy of the vast spending and debt binge of the Blair/Brown era, then three Tory PMs who increasingly also believed in an ever-larger State.

The result is a tax burden at a 70-year high and the long, entrenched fall in living standards which Truss, as she says opposite, is desperate to reverse.

She isn’t cutting taxes out of some weird right-wing fetish. She is convinced it will boost growth and make everyone — poor and rich — better off.

Polls look bleak for the Tories. But, given time, we believe her plan can work.

The high-tax, big-spending socialism-lite which has been the orthodoxy here for years has made Britain ever poorer and would continue doing so.

A major reset is long overdue.

A major reset is long overdue.

Apparently since the last century we have been living in a regime of "high-tax, big-spending socialism-lite". Guess it's true that you "don't know what you've got till it's gone".
 
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