fred binneys head
Very well known Exeweb poster
Liz Truss will see this through and, as Tavy has said, whether she will be proved correct will be seen in due course. The markets don’t like uncertainty, they never have of course, but particularly in recent years when the government’s modus operandi is to leak policy changes out in advance so the markets can price them in before they happen. This is the first time in a while we’ve had a ‘budget’ where no one knew exactly what was coming. It’s no surprise the markets were spooked, particularly with the backdrop of Ukraine and the clustercfuk that’s causing.
I think what the government has done is wrong because I’m a yoghurt-knitting leftie but can understand why others who believe trickle-down economics works would agree with them. But even if I pretend I’ve got an impartiality hat to wear, they’ve been naive in the extreme. They’ll see it through because they have to, but if this is a sign of what’s to come from the government under Liz Truss then we’re in for a rocky ride. I hope she learns from this, or doesn’t so Labour win the next election
I think what the government has done is wrong because I’m a yoghurt-knitting leftie but can understand why others who believe trickle-down economics works would agree with them. But even if I pretend I’ve got an impartiality hat to wear, they’ve been naive in the extreme. They’ll see it through because they have to, but if this is a sign of what’s to come from the government under Liz Truss then we’re in for a rocky ride. I hope she learns from this, or doesn’t so Labour win the next election