Liz Truss Ex-Prime Minister

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ATG

22,093 posts

287 months

Sunday 7th July 2024
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The "one big exception" was one of the biggest single spending commitments of any government in UK history and was anti-competitive, anti-market. And unfunded. Thatcher's wish to cut personal tax rates was based on a time when personal tax rates were much higher than they are now. And she wasn't fixated on tax. She saw fighting inflation as fundamental, and that that required fiscal prudence and a realistic understanding of monetary policy. What attention did Truss pay to inflation? What attention did she pay to fiscal prudence? She rebuked the OBR and BoE for their orthodox economic stance. fk prudence was Trussism. Thatcher saw union strength as an impediment to flexibility and productivity. That problem no longer exists. Truss seems to think the average British worker is just lazy.

Trussism such as it is anything at all certainly ain't Thatcherite.

JagLover

44,727 posts

250 months

Monday 8th July 2024
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ATG said:
The "one big exception" was one of the biggest single spending commitments of any government in UK history and was anti-competitive, anti-market. And unfunded. Thatcher's wish to cut personal tax rates was based on a time when personal tax rates were much higher than they are now. And she wasn't fixated on tax. She saw fighting inflation as fundamental, and that that required fiscal prudence and a realistic understanding of monetary policy. What attention did Truss pay to inflation? What attention did she pay to fiscal prudence? She rebuked the OBR and BoE for their orthodox economic stance. fk prudence was Trussism. Thatcher saw union strength as an impediment to flexibility and productivity. That problem no longer exists. Truss seems to think the average British worker is just lazy.

Trussism such as it is anything at all certainly ain't Thatcherite.
thumbup

Truss stood for Lettucism.

Pupp

12,509 posts

287 months

Tuesday 9th July 2024
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I reckon this little account should fit nicely here:

https://www.bbc.co.uk/news/articles/crgrz2d77lgo

(Reporter describes the scene at the count including the slow handclap). Lessons should be learned…

Carl_VivaEspana

14,532 posts

277 months

Solocle

3,834 posts

99 months

Tuesday 9th July 2024
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I heard that she was in church the Sunday before the election hoping to hold onto her majority.

Unfortunately for her, the vicar opened proceedings with "Lettuce pray". hehe

monkfish1

12,130 posts

239 months

Tuesday 9th July 2024
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Carl_VivaEspana said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.

Blackpuddin

18,169 posts

220 months

Tuesday 9th July 2024
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monkfish1 said:
Carl_VivaEspana said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.
Maybe it would improve with the right level and type of investment?

monkfish1

12,130 posts

239 months

Tuesday 9th July 2024
quotequote all
Blackpuddin said:
monkfish1 said:
Carl_VivaEspana said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.
Maybe it would improve with the right level and type of investment?
Thats always been the cease though. Why is that investment now going to start. Where are the policies that would drive that?

hidetheelephants

30,170 posts

208 months

Tuesday 9th July 2024
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monkfish1 said:
Thats always been the cease though. Why is that investment now going to start. Where are the policies that would drive that?
Actually build HS2, ideally minus the gold plating.

Tom8

4,248 posts

169 months

Tuesday 9th July 2024
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Carl_VivaEspana said:
None of which will be paid by Blair or family...

swisstoni

19,825 posts

294 months

Tuesday 9th July 2024
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He kept that opinion quiet. Oddly for him.

skwdenyer

18,241 posts

255 months

Tuesday 9th July 2024
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swisstoni said:
He kept that opinion quiet. Oddly for him.
Since it isn't his opinion, that wouldn't be hard...

hidetheelephants

30,170 posts

208 months

Tuesday 9th July 2024
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An economist has an opinion. Whoop! Ring out the church bells and strike up the band! party

swisstoni

19,825 posts

294 months

Tuesday 9th July 2024
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skwdenyer said:
swisstoni said:
He kept that opinion quiet. Oddly for him.
Since it isn't his opinion, that wouldn't be hard...
Ok it’s the opinion of his institute.
Massive difference there mate, well done.

skwdenyer

18,241 posts

255 months

Tuesday 9th July 2024
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swisstoni said:
skwdenyer said:
swisstoni said:
He kept that opinion quiet. Oddly for him.
Since it isn't his opinion, that wouldn't be hard...
Ok it’s the opinion of his institute.
Massive difference there mate, well done.
I read quite a bit into the announcement being made by the employer and not the principal. You’re right that Blair is usually very much front-foot with stuff he espouses; equally, he’s enough of a grown up to allow his staff to have their own opinions and insights.

If Blair himself same out and said it I think that would be massive news.

As regards the matter itself, of course taxes gave to rise. I didn’t realise there were many who thought otherwise!

TwigtheWonderkid

46,187 posts

165 months

Thursday 11th July 2024
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Carl_VivaEspana said:
TwigtheWonderkid said:
bhstewie said:
Because they asked the members and the membership are nuts.
Racist, rather than nuts. I'm no fan of Sunak, but anyone with a choice between him and her objectively could never pick her. If he was white, he would have won that membership vote with a 95%+ share of the vote.
tut tut.

The choice was thatcherism vs. creeping soft socialism.



ajprice

30,710 posts

211 months

Friday 12th July 2024
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p1stonhead

27,663 posts

182 months

Friday 12th July 2024
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ajprice said:
rofl

I love her (now that she’s is NOWHERE near any sort of power)

President Merkin

4,297 posts

34 months

Friday 12th July 2024
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swisstoni said:
skwdenyer said:
swisstoni said:
He kept that opinion quiet. Oddly for him.
Since it isn't his opinion, that wouldn't be hard...
Ok it’s the opinion of his institute.
Massive difference there mate, well done.
I'm amused at the suggestion Blair is pulling Starmer's strings in the thread about Mark Littlewood's avatar.

hidetheelephants

30,170 posts

208 months

Friday 12th July 2024
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p1stonhead said:
ajprice said:
rofl

I love her (now that she’s is NOWHERE near any sort of power)
I think I must be past it as I'm missing the gag? Isn't that the creepy supermarket manager in "Hot Fuzz"?