Cable Forum - View Single Post - Liz Truss Resigns [Who'll be the next Prime Minister?]

**Damien** · 23-09-2022, 22:13

We had all better hope this works. If it doesn't we'll have huge debt and an economy in recession, it will be a disaster and we'll have spent billions on a failed solution with a weak pound and very high borrowing costs. It would be the worst economic situation we've seen in decades?

Those who think it'll just be a matter of getting the Tories out will be wrong as well because in the event that happens then Labour will need to hike taxes without the ability to spend much.

23-09-2022, 22:13	#308
Damien Remoaner Cable Forum Team Join Date: Mar 2004 Posts: 32,237	Re: New Prime Minister: Liz Truss We had all better hope this works. If it doesn't we'll have huge debt and an economy in recession, it will be a disaster and we'll have spent billions on a failed solution with a weak pound and very high borrowing costs. It would be the worst economic situation we've seen in decades? Those who think it'll just be a matter of getting the Tories out will be wrong as well because in the event that happens then Labour will need to hike taxes without the ability to spend much.