At (culture) war with everyone

The Conservatve Party COnference ended in Birmingham this week, with Leader and PM, Liz Truss, identifying a new enemy withing: "the anti-growth coalition", which seems to be everyone and everything that does not agree with her and her Government's policies: Brexit deniers, opposition parties, trade unions, “vested interests dressed up as think tanks,” pundits, Jamie Oliver (!), Talking Heads (!!) and campaign group Extinction Rebellion.

Does this also include "the markets", the very thing she and the Tufton Street mafia have trumpted for years, who now baulk at their GCSE Economics theory as laughable?

Thing is, with the tradional "one nation" Conservatives also out, and even people like Michael Gove, for all is faults, for whom Truss's Government is a step too far to the far right, and experts who point out her hairbrained ideas won't work are also enemies, and part of the anti-growth coalition, just who is it that she is trying to appeal to?

She has won the leadership contest, so now she should be able to concentrate on actual problems, but this would mean accepting them and their root causes, which would bring us back to Brexit and placing barriers to trade. Any Government that wanted to increase growth would remove barriers to trade, not create new ones as Truss is planning in the bonfire of EU regulations in retained EU law.

The real enemy for Truss, is as always, reality.

She can tilt at as many imaginary windmills as she wants, but if they don't exist then they won't achieve anything of substance.

She and her Chancellor have managed to wide £300 billion of the value of the UK, and after her speech Moody's downgraded the UK's credit rating even further. I am old enough to remember when our "triple A" rating being removed was a disgrave, now the country is lettle better than junk bonds.

Yesterday the OBR stated that without BoE intervention, then the Gults Market would have collapsed, along with some pension schemes, and the question now to ask is what is the Government going to do to ensure the same run doesn't happen next week when the BoE stops supporting? THe Bank's hope was a change of direction of the Government, but that seems unlikely.

For sustained investment and growth, businesses need stability, and trust in a stable policital system. With the claims of constant change and bonfires of rights and regulations, this adds to caution and them seeing the UK as a bad risk, and so Truss's actions will achieve the exact oposite as to what she intends, which make business, reality and me part of the anti-growth coalition too.

What a frikkin mess.