If you were Rishi Sunak what would you be thinking right now?

[listsandbudgets]

I have an image of him smirking whilst thinking "I told you so".

economic historian is a historian not an economist. Anyway, economists are the first to tell you that they are better at understanding past than creating the future.

Remember Truss and Kwartang wrote a book about how lazy we all are. That's what they believe.

Both Rishi and Boris are not staying in politics to be back bench MPs answering case work about overgrown verges and flytipping.

Both are still in parliament as they must feel their ministerial careers can be revived and are waiting for Truss to fail a vote of no confidence or a new leader being needed after the next GE

ps: I don't believe that Sunak is in politics to personally profit, either.

I'd keep a low profile for now if I were him. Think he found the party member rejection bruising. People made their choices.

I wonder how Truss' constituents feel? They are true blue but...

Dodged a bullet

I am so disappointed that Rishi isn’t Pm. I’d left Labour to be a floating voter and he was easily a better option then Truss, who seems far right

I’m no Tory but would have ‘happily’ had Rishu as PM every day of the week and twice on Sundays compared to Truss and Co and the shit show that was always going go happen.

This.

I can't believe anyone thinks that. My goodness. That's the opposite of what I think.

I'm just waiting for Truss to go and the Deputy PM to replace her.

Step forward Prime Minister Therese Coffey
[horror]

He’ll be thinking her days are numbered.

It’s such a missed opportunity not having him as the pm.

I hope you’re right, @LimeCheesecake .

I think Rishi genuinely wanted to do good for the U.K. and he is a competent economist. He’s richer than the royal family, he doesn’t need more money and seems to genuinely not be greedy and grasping. I think it’s a wake up call that his party is all about robbing the poor to pay the rich as they picked Truss over him. I’d be leaving the Tory party if I were in his shoes.

Most of us had no say in who became our current Prime Minister though did we? It was only the parts of the media that Conservative Party MPs and Conservative Party members trusted that was pertinent.

Hah! Bet they're eating their words now! It is exactly as he predicted. FFS but some idiots just can't fucking learn!

I'm waiting for the humiliation of UK bonds becoming junk bonds and the Troika marching in.

Oh wait.... yeah..... no......... we're all fooked!

Really liked Rishi, feel like we're in a bad dream right now

The problem with democracy is that if would be politicians tell the truth or anything vaguely close to the truth then they never get elected.

So we had Truss promising increased spending on help for all on rising energy bills without increasing tax but instead actually cutting tax and
We had Sunak promising a lower level of increased spending on targeted help on energy bills and no tax cuts.

The Conservative party members chose Truss and to be fair the principle would have been the same if it was a wider vote by the electorate.

I think he feels really guilty for allowing the OTT Covid response, which is the root cause of most of the issues.

I'd be waving the interview I did with the FT in July where I said that unfunded tax cuts would lead to a run on the pound and bond yields reaching Greek / Italian heights.

The press, tv pundits and social media that Conservative party members listen to and trust were as wrong as wrong can be, weren't they?

Tom Swarbrick on LBC "the Chancellor has asked currency speculators to please stop betting against the pound". Dear God its beyond satire.

The Chancellor again showing his lack of awareness of how markets work “could you please stop speculating and making money off this situation because I asked nicely and it’s making me look bad”.

"You're only supposed to blow the bloody doors off" said Chancellor Kwarteng to his mates in the City. "Can you stop now?"

This springs to mind.

On 21 August Mr Sunak put out a statement warning that Truss's economic policy could cause an "inflationary spiral".

“The reality is that Truss cannot deliver a support package as well as come good on £50bn worth of unfunded, permanent tax cuts in one go," Mr Sunak's spokesperson said.
"To do so would mean increasing borrowing to historic and dangerous levels, putting the public finances in serious jeopardy and plunging the economy into an inflation spiral.

“It’s no wonder they want to avoid independent scrutiny of the OBR in their emergency budget - they know you can’t do both and it’s time they came clean about that now"

To be fair he wasn't the only one pointing this out.