Liz Truss Ex-Prime Minister
Discussion
shtu said:
b
hstewie said:
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AstonZagato said:
Nonsense. They might have made a mad choice but it more down to Rishi being deemed to be the person that knifed their (the membership's) beloved BoJo than any racism. Compounded, as stated above, by the parliamentary party, conspiring to force out anyone else for whom they may have wanted to vote. Finally, Truss was seen by the membership as potentially running a Thatcherite growth / right wing agenda.
Therefore, spite, anger and madness all were more important than racism, IMHO.
That's closer to where I'd be on it than thinking it's Sunak's ethnicity.Therefore, spite, anger and madness all were more important than racism, IMHO.
Don't get me wrong I'm sure there's a small number for whom it did play a part but I think it was overwhelmingly what you said.
Sad thing is I have a feeling the nutters would have Truss or Johnson back tomorrow given the chance.
- Sombre man talking financial reailty.
- A Maggie Thatcher cosplay telling them what they wanted to hear.
shtu said:
- Sombre man talking financial reailty.
- A Maggie Thatcher cosplay telling them what they wanted to hear.
Summed it up better than I did - A Maggie Thatcher cosplay telling them what they wanted to hear.
![biggrin](/inc/images/biggrin.gif)
I backed Sunak over Truss, but there are many reasons other than the default accusations of racism to explain why the membership preferred Truss.
TwigtheWonderkid said:
b
hstewie said:
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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. The choice was thatcherism vs. creeping soft socialism.
Carl_VivaEspana said:
TwigtheWonderkid said:
b
hstewie said:
![](/inc/images/censored.gif)
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. The choice was thatcherism vs. creeping soft socialism.
ATG said:
You think Truss represented Thatcherism??? A gaping hole in fiscal policy is Thatcherism???
Yes, the budget (with one big exception) was Thatcherite and the regulation, spending cuts coming after, in another budget, would have cemented it.The one exception was the energy support plan.
The outpouring of dislike, memes and general, continual dislike of her are mostly due to the fact that she represents Thatcherism.
Does the UK have a gaping hole in fiscal policy that Thatcherism needs to address? It's a bit moot now but the UK needs to find a 10-12% GDP boost or, cut 10% of total spending or, raise taxes by 10-12% or, a combination of both.
The proposal was to grow by stimulating the private sector and the middle classes but its now the latter, with the implied consequences attached to said parties (the private sector and middle classes).
Carl_VivaEspana said:
The outpouring of dislike, memes and general, continual dislike of her are mostly due to the fact that she represents Thatcherism.
No it's not. It's because even by Tory MP standards she stands out as profoundly f![](/inc/images/censored.gif)
But other than that, I can see why the Tory party members thought she'd do a good job /sarcasm.
Carl_VivaEspana said:
ATG said:
You think Truss represented Thatcherism??? A gaping hole in fiscal policy is Thatcherism???
Yes, the budget (with one big exception) was Thatcherite and the regulation, spending cuts coming after, in another budget, would have cemented it.The one exception was the energy support plan.
The outpouring of dislike, memes and general, continual dislike of her are mostly due to the fact that she represents Thatcherism.
Does the UK have a gaping hole in fiscal policy that Thatcherism needs to address? It's a bit moot now but the UK needs to find a 10-12% GDP boost or, cut 10% of total spending or, raise taxes by 10-12% or, a combination of both.
The proposal was to grow by stimulating the private sector and the middle classes but its now the latter, with the implied consequences attached to said parties (the private sector and middle classes).
A proper pro-growth corporate tax strategy would be something like:
“Corporation tax rate is 0% for profits retained and reinvested, but 35% for profits distributed. Dividends must be paid from retained cash. Allowable interest is capped at BoE base + 100bp on related party loans. Transfer pricing rules are tightened up.”
We need growth, not profit-taking.
tangerine_sedge said:
Carl_VivaEspana said:
The outpouring of dislike, memes and general, continual dislike of her are mostly due to the fact that she represents Thatcherism.
No it's not. It's because even by Tory MP standards she stands out as profoundly f![](/inc/images/censored.gif)
But other than that, I can see why the Tory party members thought she'd do a good job /sarcasm.
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. f
k 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.
![](/inc/images/censored.gif)
Trussism such as it is anything at all certainly ain't Thatcherite.
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. f
k 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.
![](/inc/images/censored.gif)
Trussism such as it is anything at all certainly ain't Thatcherite.
![thumbup](/inc/images/thumbup.gif)
Truss stood for Lettucism.
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…
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 said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.monkfish1 said:
Carl_VivaEspana said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.Blackpuddin said:
monkfish1 said:
Carl_VivaEspana said:
Productivity isnt going to improve (why would it?) so i guess its inevitable.Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff