Well, she lasted thru 2 Regents..................
SOROS will have his way. The EU needs the UK back in its place, and he rest of the “Union”/”Soyuz” needs its cash, natural resources, and of course - living space for millions (and millions) of New Europeans to culturally enrich and impoverish the West.
You win!
She was wishy washy without firm conviction.
She billed herself to the public as a Margaret Thatcher, but the mess she’s made of the British economy, which includes a cave-in on a proposed tax cut, is pretty much the opposite of What Thatcher Would Do.
Monica Showalter of the American Thinker made this observation 2 weeks ago:
Her initial plan called for eliminating the U.K.’s highest tax bracket, resulting in a major cut for citizens making more than $168,000 annually. Truss and her government stood against criticism of the plan for weeks, arguing that it would create economic growth amid fears of a recession.
She nevertheless backed down on the plan with a tweet in just a week!
“We get it and we have listened,” she wrote. “The abolition of the 45pc rate had become a distraction from our mission to get Britain moving. Our focus now is on building a high growth economy that funds world-class public services, boosts wages, and creates opportunities across the country.”
Get what? What on earth is she talking about? Can you imagine Lady Thatcher telling the rabid leftists as she caved to their demands something like: “We get it”?
The whole thing pretty much stinks any way you look at it. A planned elimination of the 45% tax bracket for people making the U.S. equivalent of $168,000 a year or more is hardly a tax cut for “the rich,” it’s a badly needed tax cut on the private sector to ensure the creation of small businesses and the jobs that go with it as the COVID-hangover recession approaches. Truss wasn’t up to fighting for that as the left hollered about it.
But it also wasn’t a terribly good plan. A good tax break plan ought to affect the entire population, not just the upper middle class segment. Throwing it out there and then letting the left yell about tax cuts for the rich is Doing It Wrong. What horrible planning these people have initiated.
It gets worse. The left also is yelling about the Truss budget’s plan to increase borrowing. Truss, it seems, wants to spend more government money for “infrastructure” and will need to borrow to do it. That’s pure Joe Biden, and with the U.K. battling scary high inflation already, it’s time to cut the size of government immediately and throw some ice on the overheated government money-printing presses.
Truss, in other words, is willing to throw out the tax cut, but not willing to throw out the government spending plans. What’s wrong with this picture?
Two sovereigns, not two regents.