So they should. I’ve yet to really detect that Tories are no longer in charge. Perhaps it makes no difference who is.
I also think that we should be grateful to Liz Truss for so clearly demonstrating that a) politicians are stupid and b) that if they do try to really change anything in the economy they will be destroyed by the banking and media kleptocracy.
Truss and Kwarteng fucked things with unfunded cuts, not because of the media and banks.
If I remember rightly, their budget wasn’t implemented for long enough to directly cause problems - it was the financial sector’s reaction to the announcement that caused the damage. It was a bad budget and definitely should have been rejected. But it should have been rejected democratically by citizens not by finance and their media friends. The reason I’m being pedantic about this is because it shows how beholden we are to the financial sector. If Truss and Kwarteng had instead come out with a good budget which would improve the lives of 99% of citizens but at the expense of the rent-seeking hoarders of capital I think the same thing would have happened. It’s like “the markets” have a gun held to the governments head at all times. That’s the reason why I think Labour have been banging on about economic growth rather than economic justice; the power of concentrated wealth has become too big and dangerous to risk taking anything away from, so more must be created.
If Truss and Kwarteng had instead come out with a good budget which would improve the lives of 99% of citizens but at the expense of the rent-seeking hoarders of capital I think the same thing would have happened.
That is very very easy to say, especially when they didn’t. Other budgets were not unfunded messes which sought to grease their mates’ pockets (so much). They thought they could fuck about and do what they wanted.
It takes more than a few weeks to undo 14 years of damage. Negotiations have started for limited regulation alignment with the EU, the response to the race riots was decent, legislation is starting to go through.
Hold them to account, but I would recommend being fair about it.
So they should. I’ve yet to really detect that Tories are no longer in charge. Perhaps it makes no difference who is.
I also think that we should be grateful to Liz Truss for so clearly demonstrating that a) politicians are stupid and b) that if they do try to really change anything in the economy they will be destroyed by the banking and media kleptocracy.
The budget is yet to arrive.
Truss and Kwarteng fucked things with unfunded cuts, not because of the media and banks.
If I remember rightly, their budget wasn’t implemented for long enough to directly cause problems - it was the financial sector’s reaction to the announcement that caused the damage. It was a bad budget and definitely should have been rejected. But it should have been rejected democratically by citizens not by finance and their media friends. The reason I’m being pedantic about this is because it shows how beholden we are to the financial sector. If Truss and Kwarteng had instead come out with a good budget which would improve the lives of 99% of citizens but at the expense of the rent-seeking hoarders of capital I think the same thing would have happened. It’s like “the markets” have a gun held to the governments head at all times. That’s the reason why I think Labour have been banging on about economic growth rather than economic justice; the power of concentrated wealth has become too big and dangerous to risk taking anything away from, so more must be created.
That is very very easy to say, especially when they didn’t. Other budgets were not unfunded messes which sought to grease their mates’ pockets (so much). They thought they could fuck about and do what they wanted.
It takes more than a few weeks to undo 14 years of damage. Negotiations have started for limited regulation alignment with the EU, the response to the race riots was decent, legislation is starting to go through.
Hold them to account, but I would recommend being fair about it.
Especially when parliament is in recess!