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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Liz Truss - why didn't we realise?

261 replies

ARoyalSubject · 28/09/2022 11:06

Turn the clock back a month, and we knew she was stupid, and that more than likely she was the wrong choice for a sensible, responsible prime minister - but did people join the dots and realise that she was such an ideologue / so in thrall to ideologues?

AIBU to say that the media didn't spell out exactly what a Truss premiership meant?

She and Kwazi have written a book on exactly what's happening now for god's sake! Why wasn't the possibility they would act on it examined in more detail?

I'm not a member of the Tory party - did they realise what they were voting for?

OP posts:
BooseysMom · 28/09/2022 13:41

Sciurus83 · 28/09/2022 11:13

Yes, they wanted it. A small number of people will make a fortune. Her biggest donor was the wife of someone high up with her old employer BP. Instead of a windfall tax public money is used to plug the gap and public services cut again. Scrapping environmental planning and the land management nature schemes puts enormous amounts of public money into the hands of a small number of private businesses. Bankers knew it would short the pound, they will have made a fortune on it. They all knew, they wanted it, there was no ignorance.

This is why I will never vote Tory again. Scrapping the environmental land management for nature schemes just as farmers are being held accountable for climate change issues is ludicrous and despicable.

Blocked · 28/09/2022 13:45

This was all clearly set out in various things I read before she became PM. Everyone knew.

Where is she, anyway? Why's she disappeared? Too busy with her smash and grab to come and face the country she's supposed to be acting in the best interests of?

Blocked · 28/09/2022 13:46

blockpavingismynightmare · 28/09/2022 13:40

Labour would take anything to get in and then we will be well and truly more fucked than we ever were in the history of politics

Any evidence to support this or just the usual bullshit Tory statement?

Sophieagain1984 · 28/09/2022 13:46

www.ft.com/content/bd511177-f2a3-4787-937a-f67856e09c4e

ChillyFloss · 28/09/2022 13:47

TiredButAlive · 28/09/2022 11:14

If you are a member of the Conservative Party you're hardly going to be an intellectual giant to start with. I suspect about half of them were utterly clueless and protected by age, wealth and privilege and the other half actively wanted to see what's happening and still to come from having these people in charge.

If anyone can bear to, have a look at the comments section on the Daily Telegraph. It's full of the sort of people who think Truss is great (even now!). It's quite an eye opener. Dunning Kruger effect in full swing 😉(They all seem to know better than the IMF, for example).

newnamethanks · 28/09/2022 13:48

As you say, she/they wrote the book. Of course we knew what she is, she told us. Sunak told us. She is what they chose in full knowledge of the hideous ideology she and her supporters believe in. Utterly awful people with hideous, cultish beliefs. But it's not a surprise.

onthefencesitter · 28/09/2022 13:49

blockpavingismynightmare · 28/09/2022 13:40

Labour would take anything to get in and then we will be well and truly more fucked than we ever were in the history of politics

you mean more fucked, than a pound that is valued at less than a US dollar, pension funds tanking, 8% interest rates by next year, possibly needing an IMF bail out?

Shock me.

And please don't tell me that the markets are crashing because they are scared of Keir Starmer. We are in emerging market territory.

blockpavingismynightmare · 28/09/2022 13:52

Well we shall have to wait and see won't we as they will get in eventually.

JennyForeigner · 28/09/2022 13:52

Completely agree.

rookiemere · 28/09/2022 13:53

It was fairly obvious at the leader debates that the only candidate who had relevant experience and a basic grasp of economics was Sunak, but he wasn't chosen because he wasn't as malleable as Truss, was too Asian or was too tainted by being so visible in previous administration.

I'm right leaning by nature and because I live in Scotland but I cannot for the life of me see why she scrapped the extra high rate tax band, same with IR35. The IR35 on a personal level will actually make us a bit better off, but even the well off weren't calling out for these sorts of tax reductions.

Complete balls up and economical disaster.

newnamethanks · 28/09/2022 13:53

Keir Starmer? Ooh scary. Do you know about the beer?🍻cheers Keir, hope to see you in No 10 shortly. Dont forget to take a shovel, you'll be needing it.

Sometimessometime · 28/09/2022 13:53

BetterFuture1985 · 28/09/2022 12:26

Exactly. If you are a privileged, elderly white person everything is great at the moment. You plan to die in the mortgage free house you're in so you don't care what it's worth; you probably have savings (from downsizing when interest rates were low and property prices inflated) that are about to see much bigger rates of interest; your pensions are all inflation linked and you've just had a 1% tax cut too. My in laws are certainly rubbing their hands with glee at the prospect of interest rate rises and couldn't give a fuck what that means for their own offspring, as is typical amongst that generation.

I think what is happening is no accident at all.

This is what I find odd about my in-laws too. They are divorced but each separately seem to take great pleasure from goading their own children (who are their heirs). It's very strange.

georgarina · 28/09/2022 13:56

Is anyone surprised? I don't know anyone who is.

onthefencesitter · 28/09/2022 13:56

Our chancellor Kwasi said after the Brexit vote, who cares if the pound crashes after the Brexit result. www.independent.co.uk/news/uk/politics/kwasi-kwarteng-brexit-pound-crashes-b2176029.html

So he will let the pound crash until it is literal toilet paper. And bank of england would be forced to increase interest rates to defend the pound.

FriedasCarLoad · 28/09/2022 13:56

TiredButAlive · 28/09/2022 11:14

If you are a member of the Conservative Party you're hardly going to be an intellectual giant to start with. I suspect about half of them were utterly clueless and protected by age, wealth and privilege and the other half actively wanted to see what's happening and still to come from having these people in charge.

Bit of a sweeping generalisation. I know a couple of Oxbridge dons who are members of the Conservative party.

TheLeadbetterLife · 28/09/2022 13:57

These are the same people who also voted for Boris Johnson. They're idiots.

BlueMongoose · 28/09/2022 13:57

QuebecBagnet · 28/09/2022 13:04

The Tory membership decided to vote for her anyway, so one can only presume that this is what they wanted

which is why we should have a USA style system and a general election now.

there is such a wide variation between different Tory leaders styles. People may have voted Tory in the last election but they were voting for Boris. Then we end up where a tiny minority of Tory party members have voted for this incompetent self serving idiot. Shouldn’t be allowed. I’m so angry. And we are stuck with her for two years!

USA style gives you a president who often has no power in the senate, lower house, or both. It's a recipe for a paralysed government, where babyish voters vote for a president who promises them higher spending and reps and senators who promise tax cuts, and therefore block that spending. Mind you, our electorate has voted in a government that manages to promise both at once- that's even more childish. If we want services, we need to be willing to pay the taxes to fund that. My 2ps worth is that if we want justice, those taxes also need to be paid by those who can best afford to.
I think we need a change for the Lords- to be elected on PR and have the final say on all legislation, with a third of them to come up for election every three years, so if the government goes rogue as this one has, we don't have to wait five years to curb it.

Blocked · 28/09/2022 13:58

blockpavingismynightmare · 28/09/2022 13:52

Well we shall have to wait and see won't we as they will get in eventually.

I fucking hope so because we're screwed as it is and the Tories are going to keep thinking up new ways to screw us even more. People literally can't afford to feed their children, anyone who thinks Labour would make a bigger balls up than the absolute chaotic shit show of the last 6 years need their heads examined.

LuluBlakey1 · 28/09/2022 13:59

I was told I was catastrophising on here last week when I said we were heading for an economic crash, civil unrest and a potential war.
When I said on the summer Truss would be the biggest disaster because she is impetuous, not a clear thinker, a puppet of the ERG and someone who opens her mouth and is a narcissistic self-promoter whilst actually shallow and has a record of non-achievement I was told I was sexist. Tories voted for her because the right-wing of the party told them to. They are all greedy for money and any scruples Tory voters have about moral values disappear if they think they might get a tax cut.I am disgusted by all of them.

BlueMongoose · 28/09/2022 14:01

onthefencesitter · 28/09/2022 13:56

Our chancellor Kwasi said after the Brexit vote, who cares if the pound crashes after the Brexit result. www.independent.co.uk/news/uk/politics/kwasi-kwarteng-brexit-pound-crashes-b2176029.html

So he will let the pound crash until it is literal toilet paper. And bank of england would be forced to increase interest rates to defend the pound.

If he said that, it just proves he is clueless about economics. A tanking pound is incredibly damaging to industry, as our industries buy a lot of their raw materials and components from abroad. It also means we have to pay much more to borrow - making investment expensive and difficult for manufacturing, makes mortgages expensive, and makes government borrowing (which he is adding to massively by giving tax cuts to his rich mates) much more expensive.

Discovereads · 28/09/2022 14:03

midgetastic · 28/09/2022 11:11

I was told I was misogynistic for saying I didn't expect she'd have good policies

Me too. During the debates between her and Rishi, it was obvious her sheer incompetence was so startling that it was suspicious. I think she’s not as clever as she thinks she is. She knows she is turning a struggling economy into a economy flushed down the toilet, but she’s doing it anyway. She thinks half the people have the intelligence of a potted plant as her good friend Jacob Reese Mogg will have no doubt told her and so he fooled by her empty words that she is sure her actions will help the economy. The other half, her message is don’t care if you hate me, I’m not PM to be popular…I’m here to do a job. I’m convince that her “job” is to drain the coffers as fast as she can so her and her friends can get richer.

IrisVersicolor · 28/09/2022 14:09

BlueMongoose · 28/09/2022 14:01

If he said that, it just proves he is clueless about economics. A tanking pound is incredibly damaging to industry, as our industries buy a lot of their raw materials and components from abroad. It also means we have to pay much more to borrow - making investment expensive and difficult for manufacturing, makes mortgages expensive, and makes government borrowing (which he is adding to massively by giving tax cuts to his rich mates) much more expensive.

He has a PhD in economic history and was an analyst at JP Morgan… he understands economics… this is ideological.

As I said above the ERG plan is to turn the U.K. into a low tax, low, reg, low social protection economy - Singapore meets the US. First the Brexiters needed to get rid of the EU, and now this is Part Deux.

onthefencesitter · 28/09/2022 14:14

IrisVersicolor · 28/09/2022 14:09

He has a PhD in economic history and was an analyst at JP Morgan… he understands economics… this is ideological.

As I said above the ERG plan is to turn the U.K. into a low tax, low, reg, low social protection economy - Singapore meets the US. First the Brexiters needed to get rid of the EU, and now this is Part Deux.

Singapore dollar is now 1.5 to the pound. When I moved to uk from singapore, it was 2 singapore dollars to a pound. Btw every singaporean I know thinks that UK trying to be singapore on thames is bloody ridiculous; for a start singapore is a city state of 5 million people. the state owns 95% of all land and it sells subsidized homes to its people. It also has the mandate to get its citizens to save 36% of their incomes (including employer contributions) which go into a long term savings fund that can only be used for housing, retirement and healthcare ( which means that the state has this large pool of money to invest in assets). So while Singapore is 'low-tax', that does not mean that a lot of people have all this excess money to spend that causes inflation; the state is highly interventionist in other ways.

This is not Singapore on Thames, this is a doomsday cult .

Wombat27A · 28/09/2022 14:14

A lot of older people were radical growing up in the 60/70s and are horrified by this, even if they are now comfortable. Even my more rightwing rellies, who despite their faults, care about the next generations & society, are pretty horrified by the inequity shown by Truss et al.

Getoff · 28/09/2022 14:15

If you are a member of the Conservative Party you're hardly going to be an intellectual giant to start with.

I googled for IQ by political party affiliation, it turn out that Conservtive supporters are fractionally more intelligent than Labour ones, with average IQ 103.7 vs 103. Lib Dem and Green are up at 108.

www.theguardian.com/politics/blog/2008/nov/03/greenpolitics-liberaldemocrats

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