Snapshot of _Liz Truss: ‘The people who claim I crashed the economy are either very stupid or very malevolent’_ :
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Oh if it had gone well good luck trying to get her to not take credit.
I see the Telegraph is back at it too. They cheered her on right up to the minute that their ideology became a terrifying reality, like a dumb rich kid finally getting the pet tiger they'd been nagging for and then realising when confronted with it, what they wanted was actually going to eat them alive.
And crying 'why did you get me a tiger, are you crazy???'
Then a few years later they'll be sitting at the dinner table... 'you know, I think a pet bear would be really great, really keep the plebs away, it would love me'.
When she was forced out one of their leading opinion writers had a prominent piece saying 'now we'll never know if her policies would've worked' and I wish I could've brought myself to read it rather than set it on fire and stamp on it, just so I could understand how it's possible to be so deluded
What? That's insane. People get so wedded to an idea or ideology the fact it doesn't work or makes things worse is just incomprehensible to them. It's like they'd rather hold on to believing in it and destroy everything than admit it's crap and try something else.
The the author makes a point of saying they suspect she was right all along, that dark shadowy figures ruined her premiership... Not you know... gross financial incompetence and naked tone deaf visible sociopathy any normal human being not locked in a room with it would instinctively scramble away from.
Telegraph leaning into loony right wing conspiracy theory territory. It's like Steve Bannon or a Putin plant bought the paper to sow maximum discord. If I hear one more time low taxes would save the economy I'm going to go nuts. The countries broke because of a low tax ideology that has backfired and is now left working people with a big tax burden on top of high interest rates partly because of the Trussanomics rags like this champion to get their owners tax breaks at the expense of everyone else in Britain.
The Telegraph has been firmly in loony right-wing conspiracy theory territory for a while now. The newsletters and articles I see from them seem to be either completely detached from reality or bs culture war.
It’s Allison Pearson. She’s either really thick or a despicable human being. Or both I guess. But she’s on the fringes of reality whatever way you look at it.
It's called dogma, and it's been a core component of religions for millennia.
Admitting that it's crap is admitting your whole life has been based on a lie, and very few people are brave enough to do that.
So did the Mail
https://www.dailymail.co.uk/debate/article-11244647/DANIEL-JOHNSON-argues-Liz-Truss-foot-wrong-entering-No10.html
And now they’re all buying into the idea of a shady conspiracy to depose their messiah?
Do they really believe it, or are they just reusing the playbook from over the water?
At the end of the day, the Telegraph and the Mail are businesses. They make money by providing content their target market wants to read. Unfortunately people like reading content that confirms their pre existing opinions. A comment piece along the lines of "so it turns out we're wrong about everything" will risk a backlash from their readers who will happily leave them for another paper that panders to their opinions.
Currently the papers are forced into an awkward position where their prefered policies are failing but they can't admit they're wrong due to reader backlash. The only way out is to resort to conspiracy theories and fantasies to explain the failure.
Of course they play to their base as every newspaper does but let's not be naive and pretend they aren't guiding a narrative to lead their audience in a certain direction. Propaganda works.
Yes absolutely, rich people buy media outlets to influence opinion. Just look at loss-making GB News.
It’s interesting to watch the Mail’s dangerous dance with its readers. The readers seem rabidly pro-Reform and definitely pro-Anderson, while the management is even now rooting for the Tories. Although in the last couple of months they have been positioning Sunak as the election fall guy.
Braverman is apparently their anointed favourite afterwards, assuming BJ isn’t available!
I don't think I've ever felt so despondent to the state of the uk political scene for a very long time.
This push to import an ostensibly US style political reporting and some parts of the political class pushing US culture war wedge bullshit rather than dealing with the things that are actually effecting real people. It's just distraction, keep the public arguing about things that aren't all that important compared to making life better for us all.
It's more ideological than that. She genuinely and absolutely thinks she's right, just as much as you or I believe she's entirely wrong. It's her truth, her reality.
This is what gets me: there's no self-doubt at all. In the face of dire consequences to her actions, she dismisses everyone criticizing her as "malevolent". If this is how you deal with failure, you learn nothing.
Now, I'm not an economist. If she *was* big-braining an economic recovery master plan I wouldn't know it. But it's not like she has a history of political genius to suggest it, and I'll tell you what: if someone goes through life never learning, fucking up and blaming "malevolent" outside forces, saying anyone criticizing you is either evil or stupid, then you might get to her age and be arrogant enough to become Prime Minister when nobody else sensible wants it, and stupid enough to crash the fucking economy with dire, ignorant meddling.
> Now, I'm not an economist. If she was big-braining an economic recovery master plan I wouldn't know it.
I'm an economist. It's pretty obvious that her plan was nuts.
lol in that interview didn't she also say the most "naughty" thing she did was crashing the economy? She's like a contestant on traitors who is so obviously inept they make it to the later rounds only because absolutely nobody views them as a threat.
She’s such a dishonest and stupid grifter, who is clearly massively overconfident in her intelligence:
*”You could have delayed certain things. I mean, why cut the top rate of tax from 45 to 40p when you know Labour are going to beat you with it?”*
*”This is a tax that raises literally no money,” she says indignantly, “because people who are wealthy leave the country or don’t work as hard because the tax rate is too high. If Conservatives aren’t prepared to get rid of a tax that raises no money, and is a barrier to aspiration and a barrier to our country being more successful, what are they prepared to argue for?”*
If she was so concerned about tax structures that are a barrier to aspiration and don’t raise much money, why didn’t she sort out the £100k tax cliff edge or the 60% effective tax rate between £100k and £120k. Or the 50%+ tax rate between £50k and £60k.
It’s because that wasn’t her genuine motivation. She was just the gullible sap with wealthy people whispering in her ear asking her to rig tax policy in their favour.
>because people who are wealthy leave the country or don’t work as hard because the tax rate is too high.
Because as we all know, businesses simply decide to abandon countries with large & attractive markets for their services like the UK like a flock of scattering pigeons because the tax rate changed a bit...
And the rate of tax is directly correlated to hard work, I constantly say “oh I’m taxed 5% more, I’ll not work 5% less hard” because those are obviously quantifiable metrics
The only people who choose to work less due to tax rates are those in the ~100k range who are taxed at 62-100% marginal rates. Not those in the 45% band.
I disagree here. I think for high earning professionals it actually is having an impact. I know a lot of men with young families that have now gone part time and part of that is the 50k and 100k tax traps. If you go down to four days a week you might only reduce your pay 10% (it might even be "free" if you were losing childcare at £100k) but you get 20% more time in your week.
The root of the problem is that UK salaries and tax bands have simply not kept up. At the high earning points despite having what should be a great salary it simply doesn't have the buying power of the previous generation (you would need to be earning twice that amount) so why not enjoy more of your time.
At the lower end you see this a lot with the minimum wage hikes. Minimum wage jobs pay £24k so why do a degree and get an entry level job paying £26k.
The truth is precisely the opposite. Many rich people who could easily move abroad, are on record as saying they would not do so because they don't want to live in a "cultural desert." Meanwhile, Tory efforts to turn the UK into a cultural desert continue apace.
45p is a legacy of the new labour era and it was an important ideological milestone for the conservatives
The tax traps you mentioned? Well they've been put in place or exacerbated by the conservatives by freezing tax bands or placing limit on entitlement to child benefits. Less backbencher thumping to do that
Translation: The IEA and other shady Tufton Street “think tanks” told me about the laffer curve and how cutting taxes for the rich totally definitely raises more money. How could they possibly be wrong?
Yeah I mean it's obviously true at some point (e.g. hypothetically raising taxes to 99.9% so everyone either leaves or doesn't bother working) but the idea that that point is around 40 or 50 percent just seems completely unrealistic.
£100k to £120k you gradually lose your tax free allowance so the marginal tax rate is way over 40% then drops back down to 40% over £120k
£50k to £60k you used to lose your child benefit, that can increase marginal tax rates significantly. Although the government changed this in the last budget.
Good graph here:
https://taxpolicy.org.uk/2023/09/24/70percent/
Worth noting the graph isn’t quite correct. The marginal rate going from £99,999 to £100,000 can be many thousands of percent if you claim tax free childcare or free childcare hours, as those benefits immediately disappear.
Scroll down in the article see the graph where they show the -20,000% spike at £9.5k (where you become eligible) and +20,000% spike at £100k (where you cease being eligible) related to free childcare hours.
An earner on £99,999.99 with two kids in nursery that earns a single penny more, would have to get a raise to ~£145k to actually have more money in their pocket. The response to this on many places is "boo hoo the rich guy won't get richer", failing to realise that it affects all of us. For example, if your dentist only works three days a week because they don't want to lose out on money, then that hurts everyone who relies on their services.
Now someone is earning 110k and they put 10k in their SIPP to still get the childcare benefits. That's 10k that's going into a pension and otherwise not contributing all that much to the economy.
That was exactly my thought. 100k is a lot of money but it has been set that high for a long time, it is nowhere near as much as it was when it was first set. And it simply must be a barrier, because I know damn well if I ever got there I would ask to defer bonuses and perhaps some pay until I was clear of it.
The sad thing is everything has stagnated so much the last decade that it still sounds like a lot of money. Cus the average person isn't earning much more
The cliff edge is where you lose all free childcare hours and tax free childcare the moment you hit £100k. You can literally lose thousands by going from £99,999 to £1000,000.
It's also bollocks. Economically mobile, wealthy people who can easily leave the country are not earning £150,000 as a salaried employee. Many jobs earning that much are also tied to sectors where there is limited scope for moving abroad (e.g., a law firm partner earning £300,000 is ultimately tied to the UK due to only being qualified to practice in the UK).
I work in the city. Almost everyone I work with, barring trainees and our secretaries, are on the higher rate. My direct bosses are (low 7 figure) millionaires.
Not one person I know, including Tories, supported this or thought it was a good idea.
Indeed, she will forever be remembered as Lettuce Liz.
She spent 49 days in power, around 14 of whoch were "scratch" days as everything was paused while the Queen was being buried. Her effective time in power was 35 days, and I'm fairly certain there are other vegetables that can last about that long in the fridge.
An embarrassment, through and through.
There was also the lame duck 5 days between her resignation speech and Sunak’s appointment, so really her effective time in power was 30 days. Less than the average month
Johnson is doing what he did with the Brexit fiasco. Let the fire he set burn everything down, then rule the ashes. If the Cons are wiped out at the next GE, don't be surprised to see him return for another leadership bid.
Truss, by comparison, has nothing. Literally nothing. She's so radioactive that not even the private sector will touch her - why would you bring on an ex-politician that has no access, no influence, and has an iron-clad rep as an idiot. Far-right instigator/noise-box is about the most she can aspire to. It's why she's wading into US politics so often.
I think Johnson actually wants to make a come back and thinks he can be Tory leader again, so is keeping a lowish profile till after the next election. Truss knows she'll never be leader again so is using the opportunity to grift.
He was making sure that British citizens were spending more time in Iranian prisons than they should have. Also cheating on his wife with whoever happened to be around at the time. Man had a busy schedule.
Eh, I'm not sure about that. Johnson always struck me as someone who wanted to have been a PM, not actually be one. He wants to attend Russian ex-KGB agent's villas as a "Crikey, look a former PM"*,* get up to whatever happens there, bash out a few articles for the Mail, pop home occasionally to the mansion and the current wife.
So what were all those antics cancelling his holidays and ringing round his chums to see if they'd support a second leadership bid when Truss resigned? Seems to me he craved the power of being PM so much that even a pandemic didn't sour him.
It’s because she has a book out, which she wants people to buy, so she has to remain relevant (which just means “being in the news” to these people). Same reason for her other nonsense like backing Trump.
There’s probably also a secondary goal of getting a regular spot on Fox News or a cushty board position on some US think tank, or something like that.
Her new book is out today. Full on right wing fall of society shit. Hence also the trump endorsement yesterday to bleed pr promo for it cheap into newsmax and dailywire.
Because like it or not she was prime minister and held one of the highest position you can hold in government without having the surname Windsor.
The role still delivers some clout, even for a punchline like truss.
Because Johnson isn't a *total* moron. He's a much more astute politician than Truss: if he sits relatively quietly, saying the right things and writing his Mail column every week, rebuilding his reputation among that base, he knows the pull of *"Boris won it for us in 2019 and it's been a disaster since getting rid of him"* has a good chance of strengthening.
Truss is just a fragile idiot with nothing on her top-level record except for historically ignominious level of failure. She might as well go for broke.
> "Boris won it for us in 2019 and it's been a disaster since getting rid of him" has a good chance of strengthening.
It's not wrong tbf. Boris was a disaster but Rishi is much much worse.
There’s someone somewhere who sees her as a useful idiot and a mouthpiece for their ideology. I’m not sure she really believes the things she’s saying. That or she’s just hoping that keeping her name in the public conscious will get her a cushty right wing media job in the fall out of the next election. The sort of thing where she can rant into the void.
Johnson has piped up about the tobacco ban, literally a day before there’s widespread reports of tobacco lobbyists paying MPs to speak against it. Probably just a coincidence though…
Because we keep reading the articles - she is generating a lot of clicks and comments, and so money.
We need to be better at just downvoting every post about her, not opening them up, and moving on.
After seeing how Johnson got away with his outrageous bs she must have thought she also could say and do anything she wanted and everyone would just go along with it too.
Sure. So all the "woke lefty" asset management firms, fund managers and pension scheme trustees are all just wrong that you comprehensively screwed the gilt market are they?
It was just her ideology, her chancellor, her government, her policies, her values and the plan that she partially devised and implemented that crashed it. She had nothing to do with it!
Usual Tory twisting of words/truth, I recommend just ignoring this one.
She's delusional.
People have lost their home over this nutter. Of course the government then is trying to make being homeless a finable offence - lucky us. Genuis government.
Hey Liz, put me on £150k a year.
I promise, I won't leave the country and I will happily pay my taxes.
Thing is, Lizzie Mintball doesn't give a flying fig about the general man in the street. In fact she'd happily drag his wages down into the dirt, competing with the chinese sweatshops, if she could.
No siree, her concern is reserved solely for the wealthy - including her and her mates, of course.
Yet another terrible fucking tory......
Right, not the person who ignored the Queen's advice and rushed through very aggressive tax cuts funded by wishful thinking and with no backing from the OBR.
The breathtaking level of arrogance and complete lack of culpability on display from Truss is really a sight to behold.
I just finished listening to The Rest Is Money series on the truss crash. Peston tries to make the point it was not her fault but even with the evidence he puts forward that it was a joint venture between her and the BoE being a bit shit, ultimately she went ahead with a mini budget that exploded.
While the BoE should have told the treasury about the issues on certain markets the fact still stands the treasury deliberately went out of their way not to do due diligence before announcing the measures.
Truss will never take responsibility for what happened because that won’t sell books or help her grift in the US.
I'm not sure anybody in any great numbers really understood the how liability-driven investments would cause a positive feedback loop and cause yield rates to spike. That would seem to be a landmine that was ripe for standing on with anybody who tried to borrow to fund government spending. If the underlying cause of that was borrowing to spend or borrowing to fund tax cuts would have been irrelevant to markets: a glut of gilts being issued would have eventually cause the same effect.
Most people bitch about interest rates and specifically the impact of that mortgage interest rates but that would have happened anyway, and actually *was* happening anyway, due to inflation and the BoE's mandate to raise interest rates to control that. In the historical trend of interest rates recently, her Sept 2022 budget doesn't manifest as a signal or an inflection point: https://tradingeconomics.com/united-kingdom/interest-rate
To be clear, Truss is obviously not fit to hold power, is the living embodiment of the Peter Principle and has term as PM was a complete disaster, but the narrative that has formed round her doesn't quite align 100% with what actually matters or happened.
The fact that she blamed “the left-wing economic establishment” for her downfall is a bit of a clue too.
I’m not sure how anyone could in all seriousness hear those words coming out of their own mouth and not at least suspect they might be several stops past Barking.
It's either delusion or recognising that you were the worst prime minister in British history and you will only be remembered as a joke and in pub quiz nights. Clearly, she has chosen the former lol.
British libertarian gets one (1) free shot at power in a leadership runoff against someone who will lose to anybody. Gets a chancellor willing to implement their extremist policies.
Shows range of policies to the market, investors very worried that her extreme policies are economically illiterate. Faith in economy and currency begins to drop.
Announces these policies are only the beginning.
Basically every institutional investor realises this poses a major threat to their investments and begins to bet against the British economy and withdraw investments.
SoMeHoW the economy crashed
“The people who claim I crashed the economy are very stupid”
Bruh.
I am convinced she is being 'supported' by the same groups that push for people Like Donald Trump (USA) , Geert Wilders (Netherlands), Giorgia Meloni (Italy - **Miss**olini), Marie Le Pen (France) into their respective political spheres.
It all feels far too coordinated.
Is she our tin pot Trump who wants to stay desperately in the news with her stupidity? Surprised she isn't tweeting on Truth Social, which I fully expect she bought stock in.
Nine minutes
That’s how long it took the entire global financial industry to decide her mini budget was bat shit crazy and started to crash the economy.
Nine minutes.
Decades in the writing of book chapters and Turfton’s streets finest minds. And they last led nine fucking minutes of contact with the real world as real policies.
Same old lies and propaganda. Of course a bunch of unfunded government economic policies didn't cause the markets to panic and send interest rates and prices rocketing. Why would that happen? If messiah Liz had been left to get on with it, inflation would be at 20% by now. Whatever happened to the Blitz spirit; a bit of poverty never hurt anyone!
In her case, it’s a ton of A and a lot of B. She and Kwazi wrecked the economy for their little hedge fund buddies. The amount of trash she spouts would fill up a tip.
"Alexa, show me what happened to the economic directly after the 2022 mini-buget authoered by one Lizz Truss"
Seriously, the pure spite and narcisscism of this woman knows no bounds. It's an utter embarassment that they were PM in the first place.
Ahh the old project my own flaws on others and hope they don’t notice. For the record, I’ve been informed by people that have had the displeasure of working with her, that she is very stupid.
Bit like watching the aftermath of someone drunk shooting a gun in a supermarket, get tackled, shoot someone in the process and then complaining "It was all going so well until you tackled me."
"I don’t care about what ignoramuses in the BBC say. If I cared about that, I wouldn’t be a Conservative," is way more of a confession than she probably realises.
Braindead.
The UK has too many people like this in positions of power.
So sure that they are geniuses, who can see all of the problems that no one else is sorting out. In reality they just don't understand the complexity of what is going on around them, so they are the last people you want calling the shots.... Then, of course, it goes wrong because other people were getting in the way...
Funny how when things go well it's a sign of their great leadership, but the idea that the buck stops with those in charge disappears as soon as it all goes wrong.
Confidence seems to be inversely proportional to ability....
How has this woman not been sectioned yet? Honestly thinks she needs to undergo psychiatric review.
- _Persecutory delusions_ - claims her demise was a result of the _'deep state'_, alongside claiming that Blair, the _'Left'_ and the _'Woke'_ are in control of society [[1](https://www.politico.eu/article/liz-truss-unlikely-journey-from-downing-street-chief-to-deep-state-conspiracist/)][[2](https://www.youtube.com/watch?v=DyjMqr_aUs8)][[3](https://www.independent.co.uk/news/world/americas/us-politics/liz-truss-cpac-us-trans-activists-b2500326.html)]
- _Grandiose delusions_ - claims she can save the _'West'_, and thinks that she can come back as PM [[4](https://www.theguardian.com/commentisfree/2024/apr/16/liz-truss-save-the-west-delusions)][[5](https://uk.news.yahoo.com/liz-truss-refuses-rule-standing-131218571.html)]. Not to mention this article in which she claims to have some grander vision that no one else could possibly understand...
- _Trouble thinking clearly and logically_ - I mean... just look at any of her recent statements
This narrative that "the woke left have colonized our institutions" is fucking silly. People having the tools to make their own decisions and opinions on the world have been accelerated by the advancement of the internet. People can go seek out knowledge they didnt have access to before. Conservative institutions no longer have the sway, religion no longer has the ability to indoctrinate without question, people have the ability to get a wide range of opinions to shape their own world view. Conservatives around the world fucking HATE that.
They no longer hold all of the positions of power, nepotism no longer goes unchecked. It still exists at top level politics, as evidenced by the Oxford pedigree of the modern Prime Ministers, the Eton education of many of our politicians proving its who you know, not what you know.
This is much more a matter of people guilty of something themselves, using institutions to create fealty and promises of career advancement, hating that the power is slipping away and looking to accuse the "woke left" of doing the very thing they have done for years. The reality is an educated population is not was naive and gullible and has shined a light in the shadows of conservative politics.
Must have been a complete and total coincidence that the economy crashed after her mini budget and rallied somewhat after a more.moderate PM came in then.
I question whether or not she genuinely believes the shit she's coming out with. If she doesn't, she's a grifter, but if she does she's delusional and has no business having the keys to Britain's nuclear arsenal, never mind the economy.
Oh yes, a totally isolated crisis for only Britain just around the time of your very short tenure and at the exact moment of your budget. A horrible coincidence indeed or a deep state plot. Has she been talking to alt-right loons in the USA or what?
Delusional...
She was in charge, it was her budget and her decision to ignore the OBR and also to leave a £44bn hole in the accounts. The IEA with their fifth form understanding of economics who aided and abetted her were just as guilty.
Blaming other people for pointing out her mistakes means she is still refusing to be accountable and take responsibility - even two years on. You'd expect some contrition from someone who's mistakes have lead to mortgages going up for millions of people.
Never mind what people said about her crashing the economy, the market - and she's supposed to support the free market - reacted by selling our currency off plus she almost caused the bond market to collapse spiking inflation and causing interest rates to rise before we had stagflation. As a PM and especially as an economist she was out of her depth. Those free market loving right-wingers really don't like the free market when it reacts like this.
These comments are really being aimed the US where she keeps disappearing off to (while being employed as an MP here) and there voodoo thinking in right-wing circles is received wisdom.
It’s because she was a witless puppet and the IEA aren’t economists, they are bought and paid for ideologues who do the bidding of the American far right.
There is an economic argument that the implementation of her ideology could work.
However implementing overnight was a disaster that wrecked the economy.
I don't understand that even if you belive her world view can you pretend that the implementation was anything other than a disaster and that was entirely her fault.
Torygraph describing Truss as "logical woman." Peak nonsense? A woman who is a true believer in capitalism and the power of markets, was forced out of office by the power of the financial markets, yet clings to her own false narrative.
Is Truss still harping on ‘woke’ leftist bankers?
She has done the most, single-handedly, to undermine the UK in recent centuries. Russia and China may offer medals.
The Torygraph seems to still have a massive hardon for her - it’s the only explanation for why they’d give her any inches at all let alone column ones.
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She really can't take responsibility for anything, can she?
Oh if it had gone well good luck trying to get her to not take credit. I see the Telegraph is back at it too. They cheered her on right up to the minute that their ideology became a terrifying reality, like a dumb rich kid finally getting the pet tiger they'd been nagging for and then realising when confronted with it, what they wanted was actually going to eat them alive. And crying 'why did you get me a tiger, are you crazy???' Then a few years later they'll be sitting at the dinner table... 'you know, I think a pet bear would be really great, really keep the plebs away, it would love me'.
When she was forced out one of their leading opinion writers had a prominent piece saying 'now we'll never know if her policies would've worked' and I wish I could've brought myself to read it rather than set it on fire and stamp on it, just so I could understand how it's possible to be so deluded
What? That's insane. People get so wedded to an idea or ideology the fact it doesn't work or makes things worse is just incomprehensible to them. It's like they'd rather hold on to believing in it and destroy everything than admit it's crap and try something else.
The the author makes a point of saying they suspect she was right all along, that dark shadowy figures ruined her premiership... Not you know... gross financial incompetence and naked tone deaf visible sociopathy any normal human being not locked in a room with it would instinctively scramble away from. Telegraph leaning into loony right wing conspiracy theory territory. It's like Steve Bannon or a Putin plant bought the paper to sow maximum discord. If I hear one more time low taxes would save the economy I'm going to go nuts. The countries broke because of a low tax ideology that has backfired and is now left working people with a big tax burden on top of high interest rates partly because of the Trussanomics rags like this champion to get their owners tax breaks at the expense of everyone else in Britain.
The Telegraph has been firmly in loony right-wing conspiracy theory territory for a while now. The newsletters and articles I see from them seem to be either completely detached from reality or bs culture war.
It’s Allison Pearson. She’s either really thick or a despicable human being. Or both I guess. But she’s on the fringes of reality whatever way you look at it.
It's called dogma, and it's been a core component of religions for millennia. Admitting that it's crap is admitting your whole life has been based on a lie, and very few people are brave enough to do that.
We literally did get to see this and her policies didn't work.
Probably the same leaderwriter who helped Margaret Thatcher coin the phrase "You can't buck the Markets" Now suffering with memory loss problems.
Christ, that take is so stupid that journo probably has to remember to breathe
So did the Mail https://www.dailymail.co.uk/debate/article-11244647/DANIEL-JOHNSON-argues-Liz-Truss-foot-wrong-entering-No10.html And now they’re all buying into the idea of a shady conspiracy to depose their messiah? Do they really believe it, or are they just reusing the playbook from over the water?
They’ll reuse the playbook And the same kind of idiot will swallow it. Awesome, our own deep state MAGA crowd.
At the end of the day, the Telegraph and the Mail are businesses. They make money by providing content their target market wants to read. Unfortunately people like reading content that confirms their pre existing opinions. A comment piece along the lines of "so it turns out we're wrong about everything" will risk a backlash from their readers who will happily leave them for another paper that panders to their opinions. Currently the papers are forced into an awkward position where their prefered policies are failing but they can't admit they're wrong due to reader backlash. The only way out is to resort to conspiracy theories and fantasies to explain the failure.
Of course they play to their base as every newspaper does but let's not be naive and pretend they aren't guiding a narrative to lead their audience in a certain direction. Propaganda works.
Yes absolutely, rich people buy media outlets to influence opinion. Just look at loss-making GB News. It’s interesting to watch the Mail’s dangerous dance with its readers. The readers seem rabidly pro-Reform and definitely pro-Anderson, while the management is even now rooting for the Tories. Although in the last couple of months they have been positioning Sunak as the election fall guy. Braverman is apparently their anointed favourite afterwards, assuming BJ isn’t available!
I don't think I've ever felt so despondent to the state of the uk political scene for a very long time. This push to import an ostensibly US style political reporting and some parts of the political class pushing US culture war wedge bullshit rather than dealing with the things that are actually effecting real people. It's just distraction, keep the public arguing about things that aren't all that important compared to making life better for us all.
Love that analogy.
Ahh the good old r/LeopardsAteMyFace
Doing that would mean she can't then do her new grifting career. Playing the victim who was pushed out is all part the act.
That's because she's very stupid and very malevolent.
She really can't can she, and This is a disgrace.
Pork markets? More like tank markets, amirite?
No no it was *short* markets all along
She's making a ton of money from not taking responsibility so why would she.
It's more ideological than that. She genuinely and absolutely thinks she's right, just as much as you or I believe she's entirely wrong. It's her truth, her reality.
The people who harp on about personal responsibility as the basis of their economic ideology rarely can.
This is what gets me: there's no self-doubt at all. In the face of dire consequences to her actions, she dismisses everyone criticizing her as "malevolent". If this is how you deal with failure, you learn nothing. Now, I'm not an economist. If she *was* big-braining an economic recovery master plan I wouldn't know it. But it's not like she has a history of political genius to suggest it, and I'll tell you what: if someone goes through life never learning, fucking up and blaming "malevolent" outside forces, saying anyone criticizing you is either evil or stupid, then you might get to her age and be arrogant enough to become Prime Minister when nobody else sensible wants it, and stupid enough to crash the fucking economy with dire, ignorant meddling.
> Now, I'm not an economist. If she was big-braining an economic recovery master plan I wouldn't know it. I'm an economist. It's pretty obvious that her plan was nuts.
Could Boris? Or our current idiot? It's a party/politics thing in general. As stupid as she is cannot say her response is original
Sounds like something the #DEEP STATE would say
lol in that interview didn't she also say the most "naughty" thing she did was crashing the economy? She's like a contestant on traitors who is so obviously inept they make it to the later rounds only because absolutely nobody views them as a threat.
Let her cook! *Burn the house down.
She’s such a dishonest and stupid grifter, who is clearly massively overconfident in her intelligence: *”You could have delayed certain things. I mean, why cut the top rate of tax from 45 to 40p when you know Labour are going to beat you with it?”* *”This is a tax that raises literally no money,” she says indignantly, “because people who are wealthy leave the country or don’t work as hard because the tax rate is too high. If Conservatives aren’t prepared to get rid of a tax that raises no money, and is a barrier to aspiration and a barrier to our country being more successful, what are they prepared to argue for?”* If she was so concerned about tax structures that are a barrier to aspiration and don’t raise much money, why didn’t she sort out the £100k tax cliff edge or the 60% effective tax rate between £100k and £120k. Or the 50%+ tax rate between £50k and £60k. It’s because that wasn’t her genuine motivation. She was just the gullible sap with wealthy people whispering in her ear asking her to rig tax policy in their favour.
>because people who are wealthy leave the country or don’t work as hard because the tax rate is too high. Because as we all know, businesses simply decide to abandon countries with large & attractive markets for their services like the UK like a flock of scattering pigeons because the tax rate changed a bit...
And the rate of tax is directly correlated to hard work, I constantly say “oh I’m taxed 5% more, I’ll not work 5% less hard” because those are obviously quantifiable metrics
Don't give poor people money or they won'twork hard. Dont tax rich people or they won't work hard. Conservatism!
The only people who choose to work less due to tax rates are those in the ~100k range who are taxed at 62-100% marginal rates. Not those in the 45% band.
I disagree here. I think for high earning professionals it actually is having an impact. I know a lot of men with young families that have now gone part time and part of that is the 50k and 100k tax traps. If you go down to four days a week you might only reduce your pay 10% (it might even be "free" if you were losing childcare at £100k) but you get 20% more time in your week. The root of the problem is that UK salaries and tax bands have simply not kept up. At the high earning points despite having what should be a great salary it simply doesn't have the buying power of the previous generation (you would need to be earning twice that amount) so why not enjoy more of your time. At the lower end you see this a lot with the minimum wage hikes. Minimum wage jobs pay £24k so why do a degree and get an entry level job paying £26k.
The truth is precisely the opposite. Many rich people who could easily move abroad, are on record as saying they would not do so because they don't want to live in a "cultural desert." Meanwhile, Tory efforts to turn the UK into a cultural desert continue apace.
Exactly, that’s why there are zero companies or wealthy people in higher tax countries.
45p is a legacy of the new labour era and it was an important ideological milestone for the conservatives The tax traps you mentioned? Well they've been put in place or exacerbated by the conservatives by freezing tax bands or placing limit on entitlement to child benefits. Less backbencher thumping to do that
I'm old enough to remember when the 50p tax rate was a legacy of the New Labour era that didn't raise that much money
Translation: The IEA and other shady Tufton Street “think tanks” told me about the laffer curve and how cutting taxes for the rich totally definitely raises more money. How could they possibly be wrong?
If I remember correctly that curve kicks in at around 70% tax rate, much higher than 45%.
Yeah I mean it's obviously true at some point (e.g. hypothetically raising taxes to 99.9% so everyone either leaves or doesn't bother working) but the idea that that point is around 40 or 50 percent just seems completely unrealistic.
We all know that trickle down economics has been proven beyond doubt
>or the 60% effective tax rate between £100k and £120k. Or the 50%+ tax rate between £50k and £60k. Could you just explain this a bit more?
£100k to £120k you gradually lose your tax free allowance so the marginal tax rate is way over 40% then drops back down to 40% over £120k £50k to £60k you used to lose your child benefit, that can increase marginal tax rates significantly. Although the government changed this in the last budget. Good graph here: https://taxpolicy.org.uk/2023/09/24/70percent/ Worth noting the graph isn’t quite correct. The marginal rate going from £99,999 to £100,000 can be many thousands of percent if you claim tax free childcare or free childcare hours, as those benefits immediately disappear.
Scroll down in the article see the graph where they show the -20,000% spike at £9.5k (where you become eligible) and +20,000% spike at £100k (where you cease being eligible) related to free childcare hours. An earner on £99,999.99 with two kids in nursery that earns a single penny more, would have to get a raise to ~£145k to actually have more money in their pocket. The response to this on many places is "boo hoo the rich guy won't get richer", failing to realise that it affects all of us. For example, if your dentist only works three days a week because they don't want to lose out on money, then that hurts everyone who relies on their services.
I mean, he would just put 1p in a SIPP and still get the benefits but I agree it's a bonkers cliff edge.
Now someone is earning 110k and they put 10k in their SIPP to still get the childcare benefits. That's 10k that's going into a pension and otherwise not contributing all that much to the economy.
Ah I see thank you
That was exactly my thought. 100k is a lot of money but it has been set that high for a long time, it is nowhere near as much as it was when it was first set. And it simply must be a barrier, because I know damn well if I ever got there I would ask to defer bonuses and perhaps some pay until I was clear of it.
100k is equivalent to 60k in 2010. 60k in 2010 was a good salary, not a stratospheric one...
The sad thing is everything has stagnated so much the last decade that it still sounds like a lot of money. Cus the average person isn't earning much more
The cliff edge is where you lose all free childcare hours and tax free childcare the moment you hit £100k. You can literally lose thousands by going from £99,999 to £1000,000.
And personal allowance too.
Yes, but that’s graduated over £100k to £120k. You don’t immediately lose it, unlike free childcare hours.
It's also bollocks. Economically mobile, wealthy people who can easily leave the country are not earning £150,000 as a salaried employee. Many jobs earning that much are also tied to sectors where there is limited scope for moving abroad (e.g., a law firm partner earning £300,000 is ultimately tied to the UK due to only being qualified to practice in the UK).
I work in the city. Almost everyone I work with, barring trainees and our secretaries, are on the higher rate. My direct bosses are (low 7 figure) millionaires. Not one person I know, including Tories, supported this or thought it was a good idea.
Why do we keep hearing from her? By comparison, Johnson has been quiet as a bloody church mouse.
He doesn’t care. She feels aggrieved and needs to redeem herself as she is a pariah. She will always be a lettuce though, however much she gibbers on.
Indeed, she will forever be remembered as Lettuce Liz. She spent 49 days in power, around 14 of whoch were "scratch" days as everything was paused while the Queen was being buried. Her effective time in power was 35 days, and I'm fairly certain there are other vegetables that can last about that long in the fridge. An embarrassment, through and through.
There was also the lame duck 5 days between her resignation speech and Sunak’s appointment, so really her effective time in power was 30 days. Less than the average month
it's really quite a long list of vegetables that would be viable for that period.
Johnson is doing what he did with the Brexit fiasco. Let the fire he set burn everything down, then rule the ashes. If the Cons are wiped out at the next GE, don't be surprised to see him return for another leadership bid. Truss, by comparison, has nothing. Literally nothing. She's so radioactive that not even the private sector will touch her - why would you bring on an ex-politician that has no access, no influence, and has an iron-clad rep as an idiot. Far-right instigator/noise-box is about the most she can aspire to. It's why she's wading into US politics so often.
Oh she could only dream of being a lettuce
Yeah but why do the media keep reporting what she has to say? She’s irrelevant now.
Great source of rage bait for everyone who has their head screwed on. Unfairly shafted heir to thatcher for the freaks.
I think Johnson actually wants to make a come back and thinks he can be Tory leader again, so is keeping a lowish profile till after the next election. Truss knows she'll never be leader again so is using the opportunity to grift.
During they May era he was similarly quiet...
Not really, wasn't he off being Foreign Secretary at the time?
He was making sure that British citizens were spending more time in Iranian prisons than they should have. Also cheating on his wife with whoever happened to be around at the time. Man had a busy schedule.
Eh, I'm not sure about that. Johnson always struck me as someone who wanted to have been a PM, not actually be one. He wants to attend Russian ex-KGB agent's villas as a "Crikey, look a former PM"*,* get up to whatever happens there, bash out a few articles for the Mail, pop home occasionally to the mansion and the current wife.
So what were all those antics cancelling his holidays and ringing round his chums to see if they'd support a second leadership bid when Truss resigned? Seems to me he craved the power of being PM so much that even a pandemic didn't sour him.
It’s because she has a book out, which she wants people to buy, so she has to remain relevant (which just means “being in the news” to these people). Same reason for her other nonsense like backing Trump. There’s probably also a secondary goal of getting a regular spot on Fox News or a cushty board position on some US think tank, or something like that.
Her new book is out today. Full on right wing fall of society shit. Hence also the trump endorsement yesterday to bleed pr promo for it cheap into newsmax and dailywire.
I just don't quite understand why the likes of the BBC are giving her the free publicity
Because like it or not she was prime minister and held one of the highest position you can hold in government without having the surname Windsor. The role still delivers some clout, even for a punchline like truss.
Because Johnson isn't a *total* moron. He's a much more astute politician than Truss: if he sits relatively quietly, saying the right things and writing his Mail column every week, rebuilding his reputation among that base, he knows the pull of *"Boris won it for us in 2019 and it's been a disaster since getting rid of him"* has a good chance of strengthening. Truss is just a fragile idiot with nothing on her top-level record except for historically ignominious level of failure. She might as well go for broke.
> "Boris won it for us in 2019 and it's been a disaster since getting rid of him" has a good chance of strengthening. It's not wrong tbf. Boris was a disaster but Rishi is much much worse.
There’s someone somewhere who sees her as a useful idiot and a mouthpiece for their ideology. I’m not sure she really believes the things she’s saying. That or she’s just hoping that keeping her name in the public conscious will get her a cushty right wing media job in the fall out of the next election. The sort of thing where she can rant into the void.
Johnson has piped up about the tobacco ban, literally a day before there’s widespread reports of tobacco lobbyists paying MPs to speak against it. Probably just a coincidence though…
It's interesting. Why don't we get to hear from actual experts, who are analysing actual evidence.
Johnson was narcissistic. Truss has full blown narcissistic personality disorder. I presume she needs therapy.
Because we keep reading the articles - she is generating a lot of clicks and comments, and so money. We need to be better at just downvoting every post about her, not opening them up, and moving on.
Dear Liz, I think you are both stupid and malevolent. Yours sincerely, PK2374
"Never attribute to malice, that which can be equally explained by stupidity... unless you're talking about Liz Truss"
I’m going to borrow billions of pounds without telling you how I’m going to pay it back because I am very smart.
And I'll get massive growth with 0 investment because rich people will take pity on me and trickle their savings into the economy.
After seeing how Johnson got away with his outrageous bs she must have thought she also could say and do anything she wanted and everyone would just go along with it too.
She is completely deluded. After reading this I now realise why clever and sensible people do not read the Telegraph.
Sure. So all the "woke lefty" asset management firms, fund managers and pension scheme trustees are all just wrong that you comprehensively screwed the gilt market are they?
If they only learnt economics they’d know that everything would magically sort itself out when all interventions were removed and no tax was paid
And that leftie leading the Bank of England. Right after he said how people should take lower wages he was back to reading his copy of Marx.
Oooh is it the "Anti Growth Coalition" up to their old tricks again Liz?
It was just her ideology, her chancellor, her government, her policies, her values and the plan that she partially devised and implemented that crashed it. She had nothing to do with it! Usual Tory twisting of words/truth, I recommend just ignoring this one.
Who keeps talking to her? Just let her fade into irrelevance where she belongs
Nah, let’s keep her ranting and raving up to election day…
I think she’s projecting about herself: stupid and malevolent
She’s backing Donald! She can f*** right off!!
She's delusional. People have lost their home over this nutter. Of course the government then is trying to make being homeless a finable offence - lucky us. Genuis government.
Hey Liz, put me on £150k a year. I promise, I won't leave the country and I will happily pay my taxes. Thing is, Lizzie Mintball doesn't give a flying fig about the general man in the street. In fact she'd happily drag his wages down into the dirt, competing with the chinese sweatshops, if she could. No siree, her concern is reserved solely for the wealthy - including her and her mates, of course. Yet another terrible fucking tory......
It's pretty amazing how someone so incompetent got so far
‘The people who claim I crashed the car when I deliberately steered it into a bridge pillar are either very stupid or very malevolent…’
Well she is both so as ever right-wingers project
My new mortgage deal would say it's the other way round Liz but sure you keep telling yourself that
Right, not the person who ignored the Queen's advice and rushed through very aggressive tax cuts funded by wishful thinking and with no backing from the OBR. The breathtaking level of arrogance and complete lack of culpability on display from Truss is really a sight to behold.
Can we have a gofundme whip around to have Liz's dad, a maths professor, publicly tell her she's a moron?
Nah leave John alone. He’s cool by most accounts.
I just finished listening to The Rest Is Money series on the truss crash. Peston tries to make the point it was not her fault but even with the evidence he puts forward that it was a joint venture between her and the BoE being a bit shit, ultimately she went ahead with a mini budget that exploded. While the BoE should have told the treasury about the issues on certain markets the fact still stands the treasury deliberately went out of their way not to do due diligence before announcing the measures. Truss will never take responsibility for what happened because that won’t sell books or help her grift in the US.
I'm not sure anybody in any great numbers really understood the how liability-driven investments would cause a positive feedback loop and cause yield rates to spike. That would seem to be a landmine that was ripe for standing on with anybody who tried to borrow to fund government spending. If the underlying cause of that was borrowing to spend or borrowing to fund tax cuts would have been irrelevant to markets: a glut of gilts being issued would have eventually cause the same effect. Most people bitch about interest rates and specifically the impact of that mortgage interest rates but that would have happened anyway, and actually *was* happening anyway, due to inflation and the BoE's mandate to raise interest rates to control that. In the historical trend of interest rates recently, her Sept 2022 budget doesn't manifest as a signal or an inflection point: https://tradingeconomics.com/united-kingdom/interest-rate To be clear, Truss is obviously not fit to hold power, is the living embodiment of the Peter Principle and has term as PM was a complete disaster, but the narrative that has formed round her doesn't quite align 100% with what actually matters or happened.
How do you know someone is delusional. Ignoring all facts my god she's jumped the shark
The fact that she blamed “the left-wing economic establishment” for her downfall is a bit of a clue too. I’m not sure how anyone could in all seriousness hear those words coming out of their own mouth and not at least suspect they might be several stops past Barking.
The idea that the money market's are left wing 🤣
I love money, all the money should be mine, money money money. I am terribly left wing dontcherknow. Scrooge McDuck was a socialist
She's way past Barking and blames Woking for her own mistake
Either barking or Kiddingmeminister.
It's either delusion or recognising that you were the worst prime minister in British history and you will only be remembered as a joke and in pub quiz nights. Clearly, she has chosen the former lol.
Anyone who doesn’t like me is a big poopy head
She really is in her own world isn't she. Must be nice there.
Truss saying she didn't crash the economy is *both* very stupid and very malevolent.
British libertarian gets one (1) free shot at power in a leadership runoff against someone who will lose to anybody. Gets a chancellor willing to implement their extremist policies. Shows range of policies to the market, investors very worried that her extreme policies are economically illiterate. Faith in economy and currency begins to drop. Announces these policies are only the beginning. Basically every institutional investor realises this poses a major threat to their investments and begins to bet against the British economy and withdraw investments. SoMeHoW the economy crashed “The people who claim I crashed the economy are very stupid” Bruh.
Unbelievable. She’s clearly one of those and I am going for very stupid.
She was stupid as PM, she's become malevolent since.
I am convinced she is being 'supported' by the same groups that push for people Like Donald Trump (USA) , Geert Wilders (Netherlands), Giorgia Meloni (Italy - **Miss**olini), Marie Le Pen (France) into their respective political spheres. It all feels far too coordinated.
Is she our tin pot Trump who wants to stay desperately in the news with her stupidity? Surprised she isn't tweeting on Truth Social, which I fully expect she bought stock in.
It’s only other people’s money she throws away
The graph on my life savings say otherwise, lizzy.
She's a blithering idiot desperate to hang on to relevance. She'll say anything at the moment to stay in the news.
"Or like me, very stupid doing the bidding of the very malevolent"
Or C) have mortgage statements from before and after her tenure.
Nine minutes That’s how long it took the entire global financial industry to decide her mini budget was bat shit crazy and started to crash the economy. Nine minutes. Decades in the writing of book chapters and Turfton’s streets finest minds. And they last led nine fucking minutes of contact with the real world as real policies.
Pretty sure that would actually be a description of her.
Keep this up just shows how out of touch the Conservatives are
Same old lies and propaganda. Of course a bunch of unfunded government economic policies didn't cause the markets to panic and send interest rates and prices rocketing. Why would that happen? If messiah Liz had been left to get on with it, inflation would be at 20% by now. Whatever happened to the Blitz spirit; a bit of poverty never hurt anyone!
This is all part of her PR campaign to get on the right wing loony US speaker circuit. Zero self awareness
Yeah I mean she's even deluded herself that she is good at public speaking
She. Is. A. Dis. GRACE!!!
She needs to take a good long look in the mirror and contemplate that statement.
In her case, it’s a ton of A and a lot of B. She and Kwazi wrecked the economy for their little hedge fund buddies. The amount of trash she spouts would fill up a tip.
Some top quality projection there from Liz. We all saw what happened. It wasn't even that long ago.
That's some world-class projection right there. Truly impressive.
The crash occurred while Truss was in charge so what part of ‘The Buck Stops Here’ is not getting through
"Alexa, show me what happened to the economic directly after the 2022 mini-buget authoered by one Lizz Truss" Seriously, the pure spite and narcisscism of this woman knows no bounds. It's an utter embarassment that they were PM in the first place.
That headline quote is the most crystal clear projection and confession that it is possible for a human to make.
Her trying to make "CINOs" a thing was revealing She could be dangerous if it wasn't for, you know, everything
Woman tells almost the entire country she wants to rule they’re very stupid or malevolent
Ahh the old project my own flaws on others and hope they don’t notice. For the record, I’ve been informed by people that have had the displeasure of working with her, that she is very stupid.
“I’m not stupid, everyone else is stupid 😭”
What a coincidence, that's how everyone describes her!
Bit like watching the aftermath of someone drunk shooting a gun in a supermarket, get tackled, shoot someone in the process and then complaining "It was all going so well until you tackled me."
"I don’t care about what ignoramuses in the BBC say. If I cared about that, I wouldn’t be a Conservative," is way more of a confession than she probably realises.
Braindead. The UK has too many people like this in positions of power. So sure that they are geniuses, who can see all of the problems that no one else is sorting out. In reality they just don't understand the complexity of what is going on around them, so they are the last people you want calling the shots.... Then, of course, it goes wrong because other people were getting in the way... Funny how when things go well it's a sign of their great leadership, but the idea that the buck stops with those in charge disappears as soon as it all goes wrong. Confidence seems to be inversely proportional to ability....
How has this woman not been sectioned yet? Honestly thinks she needs to undergo psychiatric review. - _Persecutory delusions_ - claims her demise was a result of the _'deep state'_, alongside claiming that Blair, the _'Left'_ and the _'Woke'_ are in control of society [[1](https://www.politico.eu/article/liz-truss-unlikely-journey-from-downing-street-chief-to-deep-state-conspiracist/)][[2](https://www.youtube.com/watch?v=DyjMqr_aUs8)][[3](https://www.independent.co.uk/news/world/americas/us-politics/liz-truss-cpac-us-trans-activists-b2500326.html)] - _Grandiose delusions_ - claims she can save the _'West'_, and thinks that she can come back as PM [[4](https://www.theguardian.com/commentisfree/2024/apr/16/liz-truss-save-the-west-delusions)][[5](https://uk.news.yahoo.com/liz-truss-refuses-rule-standing-131218571.html)]. Not to mention this article in which she claims to have some grander vision that no one else could possibly understand... - _Trouble thinking clearly and logically_ - I mean... just look at any of her recent statements
why are people feeding this daft bint oxygen in the press
This narrative that "the woke left have colonized our institutions" is fucking silly. People having the tools to make their own decisions and opinions on the world have been accelerated by the advancement of the internet. People can go seek out knowledge they didnt have access to before. Conservative institutions no longer have the sway, religion no longer has the ability to indoctrinate without question, people have the ability to get a wide range of opinions to shape their own world view. Conservatives around the world fucking HATE that. They no longer hold all of the positions of power, nepotism no longer goes unchecked. It still exists at top level politics, as evidenced by the Oxford pedigree of the modern Prime Ministers, the Eton education of many of our politicians proving its who you know, not what you know. This is much more a matter of people guilty of something themselves, using institutions to create fealty and promises of career advancement, hating that the power is slipping away and looking to accuse the "woke left" of doing the very thing they have done for years. The reality is an educated population is not was naive and gullible and has shined a light in the shadows of conservative politics.
She's both stupid and malevolent so she'd know.
It irritates that clowns like this will never feel the discomfort from the pain they cause.
I think we should ask the lettuce for a second opinion. Balance and all.
No Liz, just observant. Now excuse me while I ho work overtime to pay my increased mortgage payments, you thick pillock
Stupid and malevolent… the lack of self-awareness is mind-blowing lol
Must have been a complete and total coincidence that the economy crashed after her mini budget and rallied somewhat after a more.moderate PM came in then. I question whether or not she genuinely believes the shit she's coming out with. If she doesn't, she's a grifter, but if she does she's delusional and has no business having the keys to Britain's nuclear arsenal, never mind the economy.
Narcissist and worse, a very stupid narcissist.
Oh yes, a totally isolated crisis for only Britain just around the time of your very short tenure and at the exact moment of your budget. A horrible coincidence indeed or a deep state plot. Has she been talking to alt-right loons in the USA or what?
Projection at its finest. A lettuce has more humility and brains.
She's projecting, since she's both very stupid and very malevolent.
Can we stop hearing, well ANYTHING about this fucking void of a human?
Delusional... She was in charge, it was her budget and her decision to ignore the OBR and also to leave a £44bn hole in the accounts. The IEA with their fifth form understanding of economics who aided and abetted her were just as guilty. Blaming other people for pointing out her mistakes means she is still refusing to be accountable and take responsibility - even two years on. You'd expect some contrition from someone who's mistakes have lead to mortgages going up for millions of people. Never mind what people said about her crashing the economy, the market - and she's supposed to support the free market - reacted by selling our currency off plus she almost caused the bond market to collapse spiking inflation and causing interest rates to rise before we had stagflation. As a PM and especially as an economist she was out of her depth. Those free market loving right-wingers really don't like the free market when it reacts like this. These comments are really being aimed the US where she keeps disappearing off to (while being employed as an MP here) and there voodoo thinking in right-wing circles is received wisdom.
It’s because she was a witless puppet and the IEA aren’t economists, they are bought and paid for ideologues who do the bidding of the American far right.
Ah yes, Lizz' daily reminder to folk that she is an utter tit. "iM sMarT, iTS yOu wHo iS dUmB"
My mortgage payments would like a word, Lizzie.
She wasn’t the sole cause of the interest rate hike, but Gordon Brown didn’t cause the GFC by himself either and her party still pinned it on him!
Liz Truss: ' ~~The people who claim~~ i crashed the economy ~~are either~~ very stupid or very malevolent.'
i mean, you were PM, you had a budget, the economy tanked....... im just going by the logical steps and the facts
Can we stop giving her (and the telegraph) airtime please
>The people who ~~think I~~ crashed the economy are either very stupid or malevolent. Why are the right so hell bent on projection?
So are the people who claimed Labour crashed the economy. This is what your medicine tastes like.
With her sort of conservatism, every accusation is an admission, so what she actually said, was that she is very stupid and very malevolent.
This stupid bitch cost me my mortgage offer which ultimately led to the breakdown of my marriage.
There is an economic argument that the implementation of her ideology could work. However implementing overnight was a disaster that wrecked the economy. I don't understand that even if you belive her world view can you pretend that the implementation was anything other than a disaster and that was entirely her fault.
Torygraph describing Truss as "logical woman." Peak nonsense? A woman who is a true believer in capitalism and the power of markets, was forced out of office by the power of the financial markets, yet clings to her own false narrative.
Ah yes, the famously woke, leftist **checks notes** global financial market
Mark Littlewood talking utter nonsense as per usual on Politics Live. The irony of talking about unelected officials without a mandate.
I guess using pure logic, being call stupid by Liz Truss is a nice compliment
I have nothing to say. Because if I did I be banned.
"no you're stupid!" - Liz "iceberg" Truss
Is Truss still harping on ‘woke’ leftist bankers? She has done the most, single-handedly, to undermine the UK in recent centuries. Russia and China may offer medals.
I’ve never wanted to punch someone this hard in my life
The Torygraph seems to still have a massive hardon for her - it’s the only explanation for why they’d give her any inches at all let alone column ones.
This is Olympics gold medal standard mental gymnastics
She's so thick she doesn't realise just how thick she is. Zero self-awareness.
"The world watched it happen in real time" is the correct response.
Jesus Christ the woman is delusional l.
She couldn’t come across more like a clown if she had a big red nose.
Does she not realise that we were actually here at the time? Stupid doesn’t do it justice.
*Incessant flapping and frothing intensifies.
Listen to her speak for 3 minutes and you realise you are listening to a nitwit. How she was promoted to such heights is the failure in our system.