In Liz we Truss

19 Replies to “In Liz we Truss”

1. Not sure I get it. The author argues Truss is bad because she wants less government. How is that bad? He seems to say it’s because her government is reluctant to maintain the high level of nanny statism the author depends on.

   1. And apparently … the author believes The Bidinh Admin. are doing a stupendous job … what with all the runaway inflation, higher corporate taxes, and a central bank bent on DESTROYING the economy with jarring rate increases

   2. Take every bad thing the author says Truss is doing and understand it is a good thing. It is no surprise int’l markets are going after the pound, banks are removing mortgage products, pensions about to bust, etc.

      This isn’t a result of bad policy from Truss, but the risk that Truss’s policy presents to the global order. The UK simply must not be allowed to do things that can correct it’s markets and not follow the globalists.

      I am not saying Truss is a genius herslf, just that she at least seems to be understanding somewhat that going hard down the path of Germany is likely not the answer.

2. FTA:
   “The damage of the Brexit disaster is still getting worse. ”
   “But the billionaires and banksters of the City of London will still applause her for lowering their taxes. ”
   “Liz Truss and her chancellor Kwasi Kwarteng are libertarians who believe that the state’s function should be as small as possible.”

   Another nanny-state shill, another website I will not visit again.

   1. your correct

      1. Agreed

   2. HoHo
      I started reading, and quit when the fool stated something about the Brexit. Lefty shill is all that the fool is!

3. Some people are upset because she didn’t print tons more paper currency.
   Instead, she printed a limited amount, and set things up for longer term increase in value of what notes are out there, as well as actually beginning reversing the mutual suicide pact that the EU and US are engaged in over fuel for the people and industry of the UK.

   They expect that there will be a vicious punishment in store for daring to break ranks.

   This particular article appears to have been written by a rabid remainer, still thinking that Brexit can be reversed.

4. Proponents of Big Government are, at the very least, incredibly ignorant and somewhat stupid. On the other end, malignant terrors who need to be culled.

5. Why would they expect a severe winter when we are in the balmy days of AGW!

6. Sounds like she’s doing the right thing in shrinking government unlike every other moronic western country.

7. Why do all these ignorant fools always want to stimulate a healthy economy? It always has negative consequences. Keynes said stimulate during a recession and repay during the boom. Shit Head Trudeau and his Shit Head dad have put Canada over a trillion dollars in debt and we are likely insignificantly better off than if we had no debt and had managed the economic cycles as Keynes intended.

8. That site could have been the CBC. She was blamed for the FED savaging the Pound. The comments were as left wing as the article.

9. I wasn’t sure what I was missing here, what with the author pointing out how much the usual suspects were predicting disaster for Truss. Isn’t that a good sign? But I’m pretty sure from the other comments here that I wasn’t missing a thing.

10. I think we have heard enough from Moon of Bamy

11. “The damage of the Brexit disaster is still getting worse”

    For the EU.

    I almost…almost… feel sorry for the Germans.

    1. Don’t mention the war…

12. What was the point of linking this inane article?

13. Most of these tax cuts have great merit, but it was foolish to front-load them like this. Deregulation and spending cuts first, then these tax cuts. I might add that per an unusually good WSJ editorial, this bout of pound and gilt turbulence probably has a lot more to do with 12 years of Big Government Toryism (BoJo was the worst offender in this!) after years of Big Government Labor. The BoE had TERRIBLE monetary policy for shockingly long periods of time-they were above the inflation target 2009-2013 and then again now.