Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right? Come on.

BAP Enthusiast said:

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Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right policy? She had zero British in her administration and she's supposed to be far right? A far right British politician would have put only ethnically British men in the administration and would have committed to repatriating industry.

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Why do you say the right wing is the exclusive realm of white males?

Her fiscal policy of eliminating the top 45% tax bracket, reversing course on the already planned rise in corporate taxes are all bread and butter tax policies of the far right.

RAB91 said:

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Liz Truss lasted 4.1 Scaramuccis

— Anthony Scaramucci (@Scaramucci) October 20, 2022

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I chuckled therefore a blue parachute is distributed to you

RAB91 said:

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Liz Truss lasted 4.1 Scaramuccis

— Anthony Scaramucci (@Scaramucci) October 20, 2022

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How much is that in Courics???

twk said:

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Bubblez said:

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BAP Enthusiast said:

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Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right policy? She had zero British in her administration and she's supposed to be far right? A far right British politician would have put only ethnically British men in the administration and would have committed to repatriating industry.

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Why do you say the right wing is the exclusive realm of white males?

Her fiscal policy of eliminating the top 45% tax bracket, reversing course on the already planned rise in corporate taxes are all bread and butter tax policies of the far right.

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Utter BS. Calling those "far right" policies is pure lunacy.

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Her tax policies are well outside of the main stream. They certainly aren't left wing Labour policies. A significant percentage of right wing Conservatives don't agree with them. That puts her to the far right of her own party.

twk said:

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Bubblez said:

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BAP Enthusiast said:

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Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right policy? She had zero British in her administration and she's supposed to be far right? A far right British politician would have put only ethnically British men in the administration and would have committed to repatriating industry.

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Why do you say the right wing is the exclusive realm of white males?

Her fiscal policy of eliminating the top 45% tax bracket, reversing course on the already planned rise in corporate taxes are all bread and butter tax policies of the far right.

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Utter BS. Calling those "far right" policies is pure lunacy.

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He's following the policy of just repeating the big lie hoping that people start thinking that's the truth...

Bubblez said:

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BAP Enthusiast said:

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Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right policy? She had zero British in her administration and she's supposed to be far right? A far right British politician would have put only ethnically British men in the administration and would have committed to repatriating industry.

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Why do you say the right wing is the exclusive realm of white males?

Her fiscal policy of eliminating the top 45% tax bracket, reversing course on the already planned rise in corporate taxes are all bread and butter tax policies of the far right.

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That far right has always been a nationalism > ethnonationalism path. It has never been anything but that. You can't be far right without being, at a minimum, a nationalist. There are various degrees of nationalism: civic nationalism, theocratic nationalism, and then finally ethnonationalism.

She's a middle of the road politician at best and has never been close to the far right.

Bubblez said:

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twk said:

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Bubblez said:

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BAP Enthusiast said:

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Bubblez said:

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Her far right wing policies simply didn't fly. The markets reacted decidedly negatively towards unfunded tax cuts for the rich. Attempting to allow fracking again was also extraordinarily unpopular within her own party.

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Far right policy? She had zero British in her administration and she's supposed to be far right? A far right British politician would have put only ethnically British men in the administration and would have committed to repatriating industry.

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Why do you say the right wing is the exclusive realm of white males?

Her fiscal policy of eliminating the top 45% tax bracket, reversing course on the already planned rise in corporate taxes are all bread and butter tax policies of the far right.

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Utter BS. Calling those "far right" policies is pure lunacy.

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Her tax policies are well outside of the main stream. They certainly aren't left wing Labour policies. A significant percentage of right wing Conservatives don't agree with them. That puts her to the far right of her own party.

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Right wing Conservatives in the UK would be members of the Democratic Party in the US...

she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

The Brits are more mess up that the US.... They have been sheep for way to long.

I guess Truss just wasn't braced to be a bridge to the future. The suspense over her replacement real, and I am sure many are beaming at the prospect; the cable networks must love this.

Quote:

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Her policies would have helped the average citizen over the medium to long term, but I don't expect them to understand that.

Instead the citizenry will now take even more price hikes when their corporate tax rate goes from 19 to 25%. It was already scheduled to do that under Boris but she was going to pause it. Her peers revolted over this.

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I dont really have an opinion of her either way, but that's something I took away too. I truthfully dont know the ins and outs of their entire financial outlook over there, but I do know they've kicked the can down the road for a long time. They need Thatcher-style austerity measures, to a greater extent than us (and we need it badly). But that is never ever popular.

FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

AgGrad99 said:

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FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

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some of these conspiracy theorists are just wild.

Her borrow-and-spend policy is very liberal vs Sunak's vision of austerity.

Truss' approval rating is 4 points off Prince Andrew's approval. Sheeiit

Well, now that the bleating sheep is there, this thread is worthless.

YouBet said:

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No Spin Ag said:

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The Debt said:

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Been listening to the Brits and her ascension is quite scary. Basically she was handpicked by power brokers to maintain the political orthodoxy. No political acumen whatsoever, unaccomplished and ineffectual.

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Understood, but it's not uncommon for leaders at that level to be that.

She was being touted as the next Thatcher and not even two months later she's done. Was it because she was putting more effort into the business side of politics instead of the average citizen, or did she just do a major faux pas that couldn't be excused so she's having to step down?

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Her policies would have helped the average citizen over the medium to long term, but I don't expect them to understand that.

Instead the citizenry will now take even more price hikes when their corporate tax rate goes from 19 to 25%. It was already scheduled to do that under Boris but she was going to pause it. Her peers revolted over this.

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The markets tanked over her policies. The Bank of England had to step in an prop up the pound. Pension funds were at risk. The capitalist markets were the ones which rejected them, and in turn applied a huge amount of pressure on the politicians.

This is what happens when you give an incompetent woman power that she didn't earn.

Bunk Moreland said:

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AgGrad99 said:

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FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

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some of these conspiracy theorists are just wild.

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Schwab bragged in a speech last year about the WEF penetrating world governments with their people.

In a separate speech he talked about women like the NZ PM and Truss as being 'graduates' of the WEF young leaders program.

Yep, regular tin foiler here.

To be clear, the 45% tax bracket starts at 150,000 pounds. Income above that was going to move to be taxed at 40%, like anyone from 50,000 to 150,000 pounds. Between that and easing on corporations, that was audacious enough to run someone out of office. They love their taxes and caretaker

FTAG 2000 said:

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Bunk Moreland said:

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AgGrad99 said:

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FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

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some of these conspiracy theorists are just wild.

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Schwab bragged in a speech last year about the WEF penetrating world governments with their people.

In a separate speech he talked about women like the NZ PM and Truss as being 'graduates' of the WEF young leaders program.

Yep, regular tin foiler here.

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Quite the leap there.

Her budget decisions led to freakouts in the markets and quick devaluation of the pound. There was major backlash by global investors, the IMF etc.

Her problem was she then fired her Chancellor who came up with the mini budget idea and publicly flip flopped. At that point her own party started defecting up to and including one of her closest advisors last night.

She should have held steady and not flip flopped. I also think by her resigning ahead of any call for an election, the Tories can now vote internally and name the next PM instead of it going to a general.

CDUB98 said:

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DannyDuberstein said:

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She proposed cutting taxes on the rich and corporations, and they all freaked out. They like being subjugated over there

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Indeed they do. Many Europeans simply cannot imagine a world where gov't is not taking care of most every basic need, and thus, any attempt to reducing funding (taxes) of that mechanism completely obliterates their world with even just a mention of it.

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Yeah they should be more like us, completely subjugated but deluded into thinking we have agency. We free thinking Americans will just keep cutting taxes for the rich and piling them on the middle class as long as line go up, real spending power be damned

So, it's all water under the bridge for her, now...

FTAG 2000 said:

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Bunk Moreland said:

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AgGrad99 said:

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FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

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some of these conspiracy theorists are just wild.

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Schwab bragged in a speech last year about the WEF penetrating world governments with their people.

In a separate speech he talked about women like the NZ PM and Truss as being 'graduates' of the WEF young leaders program.

Yep, regular tin foiler here.

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So now that she's out, so quickly...it would seem he doesnt have as much power as people give him credit for. No?

AgGrad99 said:

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FTAG 2000 said:

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Bunk Moreland said:

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AgGrad99 said:

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FTAG 2000 said:

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she was handpicked, groomed, and placed there by Schwab and the WEF.

good riddance.

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If that were the case, I think she'd still be in power.

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some of these conspiracy theorists are just wild.

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Schwab bragged in a speech last year about the WEF penetrating world governments with their people.

In a separate speech he talked about women like the NZ PM and Truss as being 'graduates' of the WEF young leaders program.

Yep, regular tin foiler here.

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So now that she's out, so quickly...it would seem he doesnt have as much power as people give him credit for. No?

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I don't necessarily think it's that. Let's see who the replacement is first.

Snatching defeat from jaws of pro growth policy

So who is next

Captn_Ag05 said:

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So who is next

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Oddly enough, Boris is in the top 3 and he's thinking of throwing his hat in the ring.

Captn_Ag05 said:

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So who is next

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Rishi Sunak

When your policy prescriptions during high inflation include tax cuts (stimulating spending and increasing money velocity), and massive spending to subsidize consumer energy, markets rightly conclude that your that your currency will have to continue inflating to cover the deficit, and your currency gets further devalued. Hence why things fell apart and very quick order.