Will Liz Truss really last only 17 more days?

[Uninspiredusername]

Newspaper reports as scathing as ever, and The Times suggesting Tories are lining up Sunak and Mordaunt as a duo.

can’t stand the woman but surely she’ll hold on for a bit longer - everyone was saying Boris would go much earlier than he did. And why on earth did they vote her into power in the first place 🙄

She took over negotiations with the EU as far as I recall from the Lord Frost who had been overseeing them when he resigned (you may have to fact check that!). That was the first I heard of her. She was brutal and unbending and she pissed me off in the sort of way that you get pissed off when some idiot spouts nonsense but it doesn't directly affect you.

I actually could not believe when she was mentioned as a candidate. But yes. Here we are.

I'm too tired (and sleep is eluding me) to fact-check myself but I don't know what goes on sometimes. Corruption is something which covers continents and every level of society. The British government seems to be even more corrupt than other governments who they declare war on (on the basis that they are corrupt! 😂)

If only it was a laughing matter.

Arrogance coupled with ignorance is a bad combo.

@ManAboutTown even when I am posting mischeviously I haven't considered blaming the self inflicted recession we are in on Gordon Brown. Well played!

Heard it all now!!!

Debt to GDP under Brown was around 35%, he actually ran a budget surplus for many years.

Even after the Global Financial crisis, debt was 65%, its now 95% and no not all down to Covid but a failure to grow the economy and hence reduce the ratio.

The UK's problems are down to the Tories and Brexit, which has reduced GDP by 4% and introduced a level of economic instability on par with Greece.

Well, economists over 20 years ago were forecasting a pensions crisis in 20 years' time (ie around now) due to Brown's crazy dividend tax changes for pension funds. No one listened - not Brown, his successors nor the pensions regulatory authority. Everyone was happy to kick it in the long grass and hope it became someone else's problem. It was a house of cards just waiting for the a trigger to collapse, which was Kwazi's mini budget. But it was inevitable and if not the mini budget, it would have been something else to trigger it.

Arrogance coupled with ignorance is a bad combo

LT and KK didn't act within a vacuum, their plans would have been ok'd by the present cabinet too, which is heavily influenced by the far right tax payers alliance.

Pensions haven't collapsed, in fact over the last 20 or so years have grown very well.

Borrowing to fund tax cuts is something historically no western economy has every done, so again no, it would not have been "something else"

What Truss did was unprecedented, a deliberate UK Financial Crash.

Let's all blame Gordon Brown
If the conservatives knew that this was going to be a huge problem they had 12 years to reverse things or sort it out.

I'm loving the way we have in the past week or two had a new rash of Tory fans appear on hear.
The previous Boris fans though seem mostly to have faded in the background.

Except not all of it was discussed with cabinet...

Prime Minister says the decision to cut the top-rate tax was made by Kwasi Kwarteng and not discussed with Cabinet

I believe the last five words of that.

Brown was running an increasing deficit when he brought in the lower 0% and 10% tax rates in the early noughties. Also extra borrowing funded the increased benefit bill when he introduced tax credits to replace other benefits.

@Badbadbunny oh, you are persistent. Surely you cannot believe that the crash minutes after Kwarteng's budget was the result of what someone did 20 years ago?

Cinna returning to his plough! Definitely intending a comeback. Doubt Al Johnson wants to take on this mess, though.

Problems with Brexit are all down to the EU which does not forgive the UK leaving and taking away a great chunk of the gravy train as well as flagging up the intended united states of Europe idea that Jean Monet was proposing in the 1950s should be done stealthily so that the people of Europe did not notice until it was too late (it's never too late for an empire to disintegrate but I don't think history was Monet's bag).

a whole new fiscal policy... thought up and delivered by just 2 people... with no one else having no idea what they were planning??? no questions asked either?

I find that very hard to believe.

I think she was told to say what she said, purely to avoid dragging down the 'party and cabinet.

Problems with Brexit are all down to the EU

HOUSE!

Well, of course they are. If only that nasty EU had just recognised who we are and given us full access to all the good EU stuff but without contributing, it would all have been fine.

😂

Suggestions that Suella Braverman’s hope springs eternal. Please let there be sufficient decent tories (1 in 10?) to see her ambitions off.

Ha ha keep flogging that dead horse, the whole country can now see what a disaster the Tories are when it comes to the economy and public services (or on any other measure you care to mention)

Good to know that however shit Labour is after winning the next election it’ll have 12-14 years of blaming the last lot before it has to start trying. That’s a sweet cushion.

If you re not in the club, don't expect to have access to the things you used to get for your membership fee.

Its actually quite a basic principal, applies equally to the EU as it would to the Scouts or any local sports or leisure club you stop paying into.

We were all told Brexit would be such a success that the EU would fall apart as countries lined up to 'exit... after seeing what a blinding success Brexit will be for the UK.... how's that going?

Monet was a great artist and about as relevant to todays EU as whatever Jean Monet said 70 years ago.

The latest Tory bottery is to abandon Clav's c&p whataboutery - realising that trying to defend this shower of shit is a lost cause. They have pivoted now to all politicians are the same, it doesn't matter who wins we all lose, it was going to happen anyway these deficiencies were baked into the system long ago by Gordon Brown (true!), Starmer's got no policies, but whatever they do don't bring up penises (but do anyway hoping some lurker will take the bait). That said most have given up as turd polishing is an epic lost cause.

Daily Mail loves the "Miss Truss" moniker but it was always Mrs Thathcher back in the day.

As a public servant Mark Carney declines to offer a 'value judgement' on Brexit. He's happy to give a neutral valuation though: “Put it this way, in 2016 the British economy was 90 per cent the size of Germany’s. Now it is less than 70 per cent." Boom.

www.ft.com/content/f1f0a66a-fa2c-4d70-9874-8003bdb3fb53

Spot on.

Rishi Sunak lost 900 billion back in May / june time by not predicting interest rates to go up and lost a lot of money on the stock exchange , more than the gold reserve sell off by Gordon Brown.
This was lost amongst the news over Boris Johnson and partygate and all the other things going on at that time.
Not to mention eat out to help out and writing off millions in lost furlough payments and maybe he should have asked the big businesses to stump up a lot of the money to pay their employees too out of their profits, rather than relying on government hand outs? Even if they had gone halves it might have kept the borrowing down a bit!
let's all blame G Brown for 12 years of conservative rule for it all going wrong now
He made some bad moves, but so have the conservatives too

Exactly @the80sweregreat. I’m surprised so many are clamouring for Sunak’s return. He was a dreadful Chancellor with poor decision making skills. He wasted untold billions of tax payers money.

Regardless of whatever batshittery Truss and Kwarteng cooked up, the economy was going down the toilet as a result of Sunak’s financial mismanagement.