What Truss got wrong https://www.taxresearch.org.uk/Blog/2023/02/05/what-truss-got-wrong/.
Truss was right about one other thing in the essay published today: this country does face an enormous economic threat that the status quo is entirely unwilling to address. What she got wrong was thinking that her fantasy right-wing world offered any such alternative.
The stock market is failing according to the CBI. So why don’t we just let it go?

I posted this on Twitter this morning: https://twitter.com/RichardJMurphy/status/1942861045426516103 My point is serious. The CBI is saying that the situation with regard to the UK stock exchange is getting desperate, because it is losing out to overseas markets and not attracting sufficient business. The question that needs to be asked is, why is that?...

Funding the Future

@RichardJMurphy

I particularly enjoyed the idea that the Truss government 'was brought down by a left-wing coalition made up of the Treasury, the Office for Budget Responsibility, the International Monetary Fund, the financial markets, the City of London, the Bank of England and bond traders'!

@GeofCox @RichardJMurphy

All those pesky socialist capitalists colonising financial institutions willy nilly! 👀

@GeofCox @RichardJMurphy have to wonder why she never called an election to test her theories out.
@RichardJMurphy That the "right-wing" world benefits a tiny minority and makes life progressively worse for everyone else should be evident now. Sadly though, a large chuck of "everyone else" continues to vote for the flawed political right. Will these people ever learn? It does not look like it, sadly.

@RichardJMurphy

"The notion that their ideas are simply empirically flawed cannot be entertained: therefore a form of deep state conspiracy must be invented to explain their failure. " - @richardr

@RichardJMurphy
It's disturbing that Truss feels so arrogantly confident in her own infallibility that she'll publicly, if inadvertently, boast in a newspaper that her ideology is so extreme that she occupies a place so far to the right in politics that almost everyone else on the planet is on her left.

If only her self-belief was matched by her competence... Or that she had a trace of competence at all.
#LiesMistrust
#NeverTrustAToryPolitician

@RichardJMurphy
You're on #mastodon too.
Life continues to get better. 💚
@RichardJMurphy
Oh awesome that you’re on Mastodon. We used to chat on twitter occasionally but Mr Musk, the arbiter of free speech banned me permanently!
My handle on twitter was @gramsci101 but i went by my actual name of Chris rather than my new marvel Trump-land character!