Liz Truss Resigns [Who'll be the next Prime Minister?]
04-10-2022, 14:15
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#736
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Re: New Prime Minister: Liz Truss
l would suggest he tender his resignation as its quite clear he is well out of his depth.
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04-10-2022, 14:41
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#737
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Architect of Ideas
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Re: New Prime Minister: Liz Truss
He didn’t seem that affected by the Queen’s death when he was at the funeral chuckling away in his phone.
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04-10-2022, 14:42
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#738
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laeva recumbens anguis
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by Hugh
https://www.independent.co.uk/news/u...-b2195185.html
Quote:
Kwasi Kwarteng blames ‘pressure’ of Queen’s death for botched mini-budget
Chancellor also sparks fresh confusion over next financial statement, saying: ‘It’s going to be 23 November’ – despite Treasury briefing it has been brought forward
Kwasi Kwarteng has blamed the “pressure” of the Queen’s death for mistakes in the mini-budget which has plunged the Tory party in crisis.
“We had a nation in mourning and then, literally, four days after the funeral we had the mini-budget,” the chancellor said.
“It was a high speed, high pressure environment and we could, as David Cameron used to say, have prepared the pitch a bit better.”
Mr Kwarteng also sparked fresh confusion over his next financial statement, saying: “It’s going to be 23 November,” – despite the Treasury briefing it has been brought forward to October.
And he said the scrapping of the 45p tax rate for top earners has merely been “postponed”, before correcting himself to say: “We have decided not to proceed with it.”
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Just thinking about this statement about "high speed, high pressure environment"…
HM died on the 8th, it was announced on the 15th that the mini-budget was going to happen on the 21st and 22nd - any "high pressure environment" was purely self-inflicted…
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Last edited by Hugh; 04-10-2022 at 15:41.
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04-10-2022, 14:57
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#739
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Architect of Ideas
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by Hugh
Just thinking about this statement about "high speed, high pressure environment"…
HM died on the 8th, it was announce on the 15th that the mini-budget was going to happen on the 21st and 22nd - any "high pressure environment" was purely self-inflicted…
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Given the reaction of the markets, it’s clear they should have proceeded with caution. I wholeheartedly disagree with trickle down economics - it’s been proven time and again to simply not work. But they could have worked the numbers and made the case.
Instead they dived head first into catastrophe. It’s very, very difficult to not reach the conclusion it’s corruption and not ineptitude.
Edit: even better news Rees-Mogg is trying to railroad through fracking England’s green and pleasant land bypassing legal, environmental and public scrutiny.
https://www.theguardian.com/politics...king-email-hse
Last edited by jfman; 04-10-2022 at 15:11.
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04-10-2022, 15:43
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#740
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Re: New Prime Minister: Liz Truss
Interesting thread on where the cuts will land: Universal Credit and child credit, saving £4bn. From the Chief Executive of the Resolution Foundation.
https://twitter.com/TorstenBell/stat...97283955277827
---------- Post added at 15:43 ---------- Previous post was at 15:41 ----------
Quote:
Originally Posted by Hugh
Just thinking about this statement about "high speed, high pressure environment"…
HM died on the 8th, it was announced on the 15th that the mini-budget was going to happen on the 21st and 22nd - any "high pressure environment" was purely self-inflicted…
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Agreed. They had a need to move quickly on the fuel crisis but not the other stuff. That error was entirely of their own making. #WorstPMEver
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04-10-2022, 15:52
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#741
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Architect of Ideas
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by 1andrew1
Interesting thread on where the cuts will land: Universal Credit and child credit, saving £4bn. From the Chief Executive of the Resolution Foundation.
https://twitter.com/TorstenBell/stat...97283955277827
---------- Post added at 15:43 ---------- Previous post was at 15:41 ----------
Agreed. They had a need to move quickly on the fuel crisis but not the other stuff. That error was entirely of their own making. #WorstPMEver |
Steady on she’s not lied to either monarch yet, her predecessor only had to be honest with one.
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04-10-2022, 16:04
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#742
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Re: New Prime Minister: Liz Truss
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04-10-2022, 16:17
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#743
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laeva recumbens anguis
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by 1andrew1
Interesting thread on where the cuts will land: Universal Credit and child credit, saving £4bn. From the Chief Executive of the Resolution Foundation.
https://twitter.com/TorstenBell/stat...97283955277827
---------- Post added at 15:43 ---------- Previous post was at 15:41 ----------
Agreed. They had a need to move quickly on the fuel crisis but not the other stuff. That error was entirely of their own making. #WorstPMEver |
But that had already been announced on the 8th September…
https://www.gov.uk/government/news/g...-energy-market
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04-10-2022, 16:22
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#744
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by Hugh
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they trying to gaslight us now thinking we all idiots blaming the queens death for his shambles of a budget is truely shocking
Last edited by Dave42; 04-10-2022 at 16:40.
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04-10-2022, 16:48
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#745
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by jfman
Steady on she’s not lied to either monarch yet, her predecessor only had to be honest with one.
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Ha ha. That's a valid point! Plus Truss lost us £65bn, Johnson lost us 4% of GDP every year with his bad EU deal.
---------- Post added at 16:48 ---------- Previous post was at 16:29 ----------
Quote:
Originally Posted by Dave42
they trying to gaslight us now thinking we all idiots blaming the queens death for his shambles of a budget is truely shocking
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Not sure they can stoop lower than that, to be honest.
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04-10-2022, 17:12
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#746
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Re: New Prime Minister: Liz Truss
Time will tell, but so far not too good.
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04-10-2022, 17:18
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#747
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Re: New Prime Minister: Liz Truss
I just wonder how people think that a rabble alliance under Starmer would be any better?
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04-10-2022, 17:27
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#748
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by heero_yuy
I just wonder how people think that a rabble alliance under Starmer would be any better?
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This is the #WorstPMEver. Anyone is an upgrade. Even Johnson.
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04-10-2022, 17:29
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#749
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by heero_yuy
I just wonder how people think that a rabble alliance under Starmer would be any better?
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A nice bit of whataboutery heero as voters are increasingly coming to the conclusion that a safe moderate leader is better then a prime minister without a mandate and a party that is at war with itself.
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04-10-2022, 17:33
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#750
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by heero_yuy
I just wonder how people think that a rabble alliance under Starmer would be any better?
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Really? A ramshackle cabinet of me, Seph, Pierre, den, Andrew, Mick and Paul could do a better job. Despite being able to command agreement on absolutely nothing.
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