Is Liz Truss possibly a trojan horse ?

digger64

Member
In view of the recent somewhat radical and controversial political/economic decisions-even being alarming to some of her own party nether mind the electorate and looking at her upbringing and background . Is she actually deliberately trying to derail the system ?
 

Scots_Knight

Member
Arable Farmer
Location
Aberdeenshire
I doubt it's actually really deliberate, it's ideology over conventional economic thinking.

I'm no economist but when the markets are watching the pound dropping then they don't like it and ordinary folks struggling to pay their bills hear that the cap on banker's bonuses is being lifted, to them this is something for the rich.

I'd say we're on track for a Labour government next time with these sort of policies, possibly need to speak to the IMF for a bail out perhaps??

I get what she's trying to do but it'll go down very badly in the former Red wall areas.

At least Rishi understood about money and she's always so hard and strident does anyone really like her ??
 

digger64

Member
I doubt it's actually really deliberate, it's ideology over conventional economic thinking.

I'm no economist but when the markets are watching the pound dropping then they don't like it and ordinary folks struggling to pay their bills hear that the cap on banker's bonuses is being lifted, to them this is something for the rich.

I'd say we're on track for a Labour government next time with these sort of policies, possibly need to speak to the IMF for a bail out perhaps??

I get what she's trying to do but it'll go down very badly in the former Red wall areas.

At least Rishi understood about money and she's always so hard and strident does anyone really like her ??
what is she trying to do in your opinion ?
 

Ashtree

Member
When exactly did she become an economic ideologue?
Looks to me like she‘s just been captured and installed by the inner core of the inner circle, which runs the Conservative Party and the City.
The degree to which foreign money, agents, governments, and others have influence over that inner core, is not to be underestimated.
One thing is certain, she does not have and never had the profile or poise to be PM. She had just been chosen and planted.
 

oil barron

Member
Location
Aberdeenshire
I doubt it's actually really deliberate, it's ideology over conventional economic thinking.

I'm no economist but when the markets are watching the pound dropping then they don't like it and ordinary folks struggling to pay their bills hear that the cap on banker's bonuses is being lifted, to them this is something for the rich.

I'd say we're on track for a Labour government next time with these sort of policies, possibly need to speak to the IMF for a bail out perhaps??

I get what she's trying to do but it'll go down very badly in the former Red wall areas.

At least Rishi understood about money and she's always so hard and strident does anyone really like her ??
I would question that Rishi knows about Money. The BoE had to print more money than history under his watch to control gilt yields, he failed to lock in long term borrowing at historically low rates and he locked in the tax brackets for 4 years so they cannot be raised with inflation. He did seem to have a good handle on PR though.
 

Scots_Knight

Member
Arable Farmer
Location
Aberdeenshire
what is she trying to do in your opinion ?
My first honest though is bankrupt the country 😥

I suppose she trying as she says to get more growth in the country so theirs more taxes and prosperity.

Trouble I can see and I'm no money person but vastly increasing debt whilst you cut taxes at the same time seems like a heck of a gamble.

All that increase in borrowed money has to be paid for sometime, that's just my simple view of things.

I'll be delighted to be wrong but I doubt she's got long enough and will most likely lose the next general election.
 

Scots_Knight

Member
Arable Farmer
Location
Aberdeenshire
I would question that Rishi knows about Money. The BoE had to print more money than history under his watch to control gilt yields, he failed to lock in long term borrowing at historically low rates and he locked in the tax brackets for 4 years so they cannot be raised with inflation. He did seem to have a good handle on PR though.
Ok, I'll defer to your better knowledge on these matters, he just seemed more competent but maybe that was just good spin.

I honestly don't know but was critical of Liz's ideas so sounded like he made more sense to me.
 

chaffcutter

Moderator
Arable Farmer
Location
S. Staffs
I can’t see why the budget should go down badly in the Red Wall seats, it’s put about £500 in most households plus the capping of fuel costs so far, what’s not to like? Bankers bonuses don’t come from the government they are paid by the banks, taxed at 40%, so more money into the kitty.
 

oil barron

Member
Location
Aberdeenshire
I can’t see why the budget should go down badly in the Red Wall seats, it’s put about £500 in most households plus the capping of fuel costs so far, what’s not to like? Bankers bonuses don’t come from the government they are paid by the banks, taxed at 40%, so more money into the kitty.
It’s a great plan. Just not sure if it is a 2 year plan. Rishi has got his mates in the city to put a gag on any of the positives getting out and working the markets against it as well. I think the folks in the red wall are a lot more economically savvy than we give them credit for though and will see the benefit.
 

Scots_Knight

Member
Arable Farmer
Location
Aberdeenshire
I can’t see why the budget should go down badly in the Red Wall seats, it’s put about £500 in most households plus the capping of fuel costs so far, what’s not to like? Bankers bonuses don’t come from the government they are paid by the banks, taxed at 40%, so more money into the kitty.
Fuel costs capping yes but the tax cuts of higher rate definitely seems more something done for the rich.

That's what I keep hearing when they interview people in these areas.

Yes banker's bonuses isn't government money but just sort of looks bad, lots of people don't think it'll mean more taxes, they just look at the first stage they'll get more money, when lots of people are struggling.

Perception can sometimes be everything, even if doesn't always make sense.

Can't see many people in Red wall areas being to sympathetic for bankers.
 

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