Monday 17 October 2022

The end of a very long journey

The journey began decades ago, with a dream of a small government, low tax, low regulation economy, and it ended with the IFS budget being abandoned in just over three weeks after its publishing. Most of it wasn't even voted on.

Inbetween there was Britannia Unchained, Brexit, the ERG, May, Johnson and finally with Truss they got a believer into Number 10.

38 days after winning election as leader of the Conservative and Union Party, Liz Truss is without power, a Prime Minister with a 70 seat majorty who can't get any legislation through Parliament, and whose flagship policy almost bankrupted the country. In little over a month, where two weeks of enfored mourning meaning that it was done in three weeks.

And at the end of it, the country, her Government, and any Government that follows, will have to pay higher interest on its own debt.

We have seen the wholescale adoption of belief before facts, ignorance rather than knowledge, and anyone who disagrees is either talking the country down or part of the remainer alliance. Or the anti-growth alliance as Truss calls them.

To rule without question or ever having to explain themselves, no scrutiny, no oversight, we've had enough of experts and all you have to do is believe in Britain. Click your heels three times and you're not in Kansas or Westminster any more, you're through the wardrobe, over the rainbow past the third star on the left.

And we all lived happily after.

Except the poor people. The sick. The disabled. The old. Those who did not inerit wealth, or went to the right school.

This should be the end of the road for not just Truss, but for the IFS, Votel leave, the Tax-payers Alliance and Brexit. And a return to evidence based policy and decision making. Shame there's that huge cost to pay for the last six year.

Don't worry, the small people'll pay.

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