The Incompetent Liz Truss

A senior Tory MP has reportedly said that they can never accuse Labour of having a magical money tree again or claim Tories are fiscally conservative.

This is shit or bust politics and is going to be very messy.

So the tories have removed the cap on bankers bonuses & abolished the top rate of income tax whilst at the same time taking money from people on universal credit

Levelling up....yeah right

Just read an interesting article basically slamming this whole fiasco. it was saying how this shit or bust policy has already been declared shit by the response from the markets, and how it may well end up that most of these policies may have to be rolled back if the markets continue to tank, and particularly if the pound slumps, and the BoE has to take steps to shore things up.

Immediately reminded me of Harold Wilsons labour government being forced by the banks to reverse a number of policies or face economic ruin, but this is a Tory government heading in the same direction, going up against the very institutions they usually defend and support!

Of course it's always possible Truss has been a LibDem sleeper agent all these years.

Sent in to fuck the Tories from the inside...

yeah its like 1972 all over again and Barbour as chancellor mind you if history repeats itself truss will call a GE in early 2024 and we get a labour goverment

https://www.theguardian.com/uk-news/2022...brought-in

jesus even corbyn could have never fucked up the country so bad in the 3 years since the general election

In 2017 The Times printed “Jeremy Corbyn [as PM] could spark a run on the pound”.

Who would have thought that it was this government to take it down to a 37 year low.

The AA have said that the devaluation of the pound will cost on average an extra £5 to fill up your car.

if the news from china proves to be correct then could be a lot more pain when the markets open on monday it was going to be bad could be 10 times worse

Stories appearing that the Chief of Staff is paid by lobbying companies.