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U.K. Government Abandons Plan to Cut Rate of Income Tax for Top Earners

U.K. Chancellor of the Exchequer scrapped Truss's key economic policy, following the slide in the UK currency's value, turmoil in the country's financial markets, and the threat of large scale rebellion within Truss's party.

Will this be known as the Truss Doctrine? Release a new economic policy on a weekly basis, and see if it sticks?
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PSuss1 · 56-60, M
She's beyond incompetent and really not very bright, but was elected by an extremely small minority of the UK (81k votes vs 60k). Only paid up members of the Conservative party were allowed to vote, mostly old, rich, white, upper class (and an unknown number registered from abroad, just to add to the ridiculousness 🙄).

The main reason they chose her was that they were angry their poster-boy, Boris, got drummed out (for being lazy, corrupt, incompetent and, final straw, supporting a serial sex offender in office) and they blamed her main rival, Rishi Sunak who resigned to spark the revolt.

She supports an extreme firm of neo-liberalism (low tax, extreme deregulation, profits over people, Charter cities, small state...) that the vast majority of the UK (and even her own party!) would find abhorrent if they took the time to understand what it would really mean for them and their families. The policies she is trying to introduce are nothing like the manifesto the Conservative party stood for election on in 2019, so she has no mandate.

Under Conservative leadership rules she in theory can't be ousted for a year after selection but if MPs fail to support her policies in Parliamentary votes she'll be left with no real option but to step down.

Either way, we're fucked for the foreseeable 🤷‍♂️

See you on the other side (hopefully).
Burnley123 · 41-45, M
@PSuss1 Sad but true. I can't really add to this.