It’s wild to think that weeks were spent figuring out which of two candidates would become the next prime minister, truss was chosen, and not even a month later it looks like everyone wants her out of office. It feels like that Indiana Jones scene of “he chose poorly”
Just a friendly reminder that Truss didn’t even touch Brexit… yet… I hope she can do some more damage there before she leaves 😂 This stuff has been super entertaining to watch
Your in for more Silas. You see in-order to get what you want even Labor must do things differently and for an Islander's like you "change" will be a "bitter pill" to swallow. Islanders don't like "change" even if it benefits them in the long run they still don't like "change". So look to see more protests and tear gas in your future. Sorry, but change is always hard on the UK.
@@Madame702 Fear of change is not exclusive to just the UK. It is a constant, and it makes sense. People don't feel comfortable in a situation they have never faced before. It's expected for the vast majority to want the status quo to remain. If history has taught us anything, it's that the majority will reject any meaningful shake-up if it disrupts there "normal". Even if it's for the greater good in the long run. As for what the future holds, I'd say it doesn't matter where you are, it's going to get a whole lot worse. By a margin that makes todays inconveniences seem trivial. The next coming decades will define whether humanity is ready to colonise the stars, or burn up in a whimper. I wouldn't bother with petty differences, we are all in the same boat, and it is sinking.
@@fluffycarrot42 No Fluffy Carrot, you must understand your Islander, and your geography make you who you are. Islanders like yourself don't like change. When Japan changed they wiped out entire class of people called Samurai. You Brits have gone through this cycle over and over, and over again like a broken record.
@@fluffycarrot42 You will fight it like you always do but change will come but not before dark forces both within and without start to scarce all you together that hasn't happen yet, you are still acting like individuals, and so your time has not come to ban together like you always do.
Kwarteng met bankers and hedge fund managers a few days before the budget for a champagne party, then comes the budget Kwarteng abolishes the cap on banker’s bonuses, then the pound plunges and those same bankers made millions betting against the pound. The police should investigate!
When Liz Truss took office, the UK was in a hole. She worked and toiled for weeks until, finally, the hole was three times as deep as when she started. Incredible.
Spot on and that hole is going to get bigger until she is ousted. The conservative party on a whole is toast for supporting this madness never mind just her. This is corruption at it's best.
I'm not a Truss supporter (and also not a Tory supporter), but would Starmer have done any better in this current economic and political climate? The fuel crisis was ultimately triggered by the Ukraine crisis, which is completely out of the hands of the UK government. Being serious - how would Starmer (or Rishi for that matter) have made things any better? The UK is not the only country that's suffering economically in the world.
@@squodge TL;DR: Truss' economic plan was to pour rocket fuel into the inflation fire. In my economically illiterate opinion, Truss screwed up phenomenally. The energy price caps are understandable, but it's a risky economic move if not paired with austerity in other areas. You can't just print money to get out of high energy prices. You have to give something else up or the currency itself will start looking like Zimbabwe's. Which is why her other policy is so destructive. She decided it would be a good idea to cut taxes slightly for the working class and significantly for the rich instead of raising them, which was the previous administration's plan. Cutting taxes can help because it helps bring down high unemployment. However, it's a stimulus measure, which can raise inflation. The problem is unemployment in the UK is already low and inflation is already high, so this policy can do nothing but make things worse. This is Truss pushing Trickle Down Economics without reading the room.
She was in power for 2 days and the Queen died of cringe. Yes, Lizz Truss is already finished. Nobody likes her. Nobody has faith in her. She offers nothing.
They voted in their millions for Johnson, an unabashed liar, (public and private) shyster, and giver of civil jobs to his cronies. Had they not, they would never have ended up with Truss. It is their fault.
@@DoctorCyan As an Argentinian, I feel myself in the need of launching a tactical nuke called: Yeah, but you don't vote for your president right? That's the electoral congress job, designed to undermine democracy. Let the comment wars begin.
yes but she's like his protegee. Johnson lobbied heavily for Truss to get elected. Like or hate Sunak, but unlike Truss he has been a genuine Brexiteer when that wasnt the most popular position in the party. And also he had guts to stand up against tax cuts when that wasnt a popular position either. And he was the one who had guts to liberate us from Johnson as PM finally. So I mean like or hate despite being mega rich Sunak kinda has principles. While Truss is like Johnson, just even less competent and more dependent and controlled. + she is kinda mental tbh.
Boris wanted higher corporate taxes. I guess we know the real reason other Tories hated him now, not his gaffes but because he was potentially hurting their benefactors pocket books. They ejected Truss onto us.
@@Wilhelmofdeseret Nope. The Institute for Public Policy Research (IPPR) said a “race to the bottom” on the headline tax rate on company profits had failed to boost investment and economic growth in Britain over the past 15 years. Slashing the headline rate from 30% in 2007 to 19% in 2019, orchestrated by the former chancellor, George Osborne, did not spur higher private investment or faster economic growth. Despite the repeated tax cuts to the lowest rate in a century, the UK fell behind Italy and Canada to rank with the lowest private sector investment in the G7 as a share of national income. The following year, the UK ranked 28th for business investment out of 31 members of a wider group of developed countries in the OECD. Studies have shown corporation tax cuts used by successive Conservative governments have had little bearing on business investment and economic growth, undermining the argument of free-market Tories that such tax breaks pay for themselves. Cuts to corporation tax came with a net cost to the exchequer of almost £73bn between 2010 and 2018, according to research by the Social Market Foundation. In only one year did an increase in business investment outweigh the cost. Business investment has flatlined in recent years amid concern over Brexit, then Covid, and a challenging economic outlook. Official figures show the level of investment remains 5.7% below where it was before the pandemic, while economists warn rising energy costs and sky-high inflation will put a dampener on spending. Governments around the world have committed last year to ending a race to the bottom on corporation tax, saying it had deprived national exchequers of revenue for funding vital public services, while benefiting footloose multinational corporations. Almost 140 nations, including the UK, agreed to set a 15% minimum rate. The IPPR report will raise fresh questions over Kwarteng’s desire to scrap a planned increase in corporation tax to 25%, starting in April, that had been set in motion by the former chancellor, Rishi Sunak. George Dibb, the head of the Centre for Economic Justice at the IPPR, said: “Slashing corporation tax is just a continuation of a failed race to the bottom that hasn’t delivered for the UK economy. Tax cuts are not a magic bullet to increase investment and growth. If the government were serious about boosting investment, it would be listening to businesses who want a serious economic strategy to support growth, boost innovation, and increase our low productivity. Instead, it thinks it can cut tax and deregulate its way to growth, which has failed before,” Dibb added. Unless you are rich and benefit from this, there is absolutely no reason to support lower corporate taxes.
Trimming the fat off public services?! we've already had 12 years of austerity cuts and neglect, most services have already buckled and reliant on charities to make up the government shortfall. Children are going hungry, hospital roofs are literally collapsing, the civil service is barely functioning, the elderly are unable to put the heating on and the disabled are dying due to universal credit, there's nothing left to cut.
Oh they'll find something to cut. People may be dying but are they dying fast enough? If they cut UC all together won't folk die faster and cheaper? If the hospital roofs are collapsing can't it just be sold off and not replaced? Never underestimate the shitfuckery they can do.
If there's no fat left, trim the meat, make a stew of the bones if the meat gets eaten all up too. There's always more to sacrifice, especially when one is starving. So while you people eat yourselves up I'll sit here on my fat butt and enjoy the clown show.
If it only affects the poor, so what, two years to screw then over even more. Love the get a better paid job argument from some Tories, some are already working two or even three jobs. Maybe it's they could get a better paid job they would... Nobody wants too pay a real living wage. It's almost like they live in their own world, oh hang on.
Hmm just like the brexiter may be described as a pigeon playing chess who knocks over all the pieces sh!ts on the board and flies off proclaiming victory!
It's almost like the reason no one had done sweeping tax cuts like this in the past is because it's actually bad fiscal policy unless it also includes massive spending cuts. This party is like that young person in a company who thinks they'd be a better manager than anyone else, but once they get the job they realise they never actually bothered to learn any leadership or management skills
Well tax cuts make sense if you already have a booming economy. This attracts more rich people to enter that, invest, and so on. I don't quite get what's the point of giving rich people more tax cuts when everyone's so afraid of investing in the UK that they won't bring any new investors really. No sane person is gonna invest money in the UK economy, and tax cuts however big they are now wont change that. So basically positive effect is absent while negative effect is government getting less income in taxes.
@@Essentially_Nobody basic economics? You do tax cuts because you want more money to be left in hands of those who are gonna invest and spend + you want attract more potential investors/spenders. If you have for instance a nuclear winter in your country and everything is crazy regulated, energy is expensive etc then you can lower taxes as much as you want, no one is gonna invest and spend their extra money in your country. Everyone will invest elsewhere where ROI is higher. While when it comes to spending they gonna spend elsewhere too since buying whatever they want is gonna be cheaper elsewhere too. That's how trickle down economics is supposed to work. There is no point to lower taxes when other negative factors are so grave people just won't want to invest and spend in your economy still. This is like basic common sense. You lower taxes for the rich only when your country is doing well, or has all pieces of puzzle to be doing well. And you just wanna feel the body of its economy with the blood of extra money. Then you can lower taxes for the rich being sure that they are gonna spend that extra money in your country stimulating everything.
@@Essentially_Nobody You gonna be shocked dude, economics isnt a exact science and there is no such thing as hard evidence there. Otherwise you wouldnt have had so many different schools of economics. Wanna discuss economics and economic references with someone probably get real friends. Because no sane man has enough time to explain economics to some complete stranger on UA-cam and on top of that waste time giving you references as if I was writing an academic article.
@@tomashalusek9181 You got it the wrong way round, you don't want tax cuts during a booming economy as that can create bubbles. You want tax cuts when the economy is in the gutter. Tax increases when the economy is booming means you can capture some of the excess wealth and ensure that inflation doesn't get too out of control. That's basic economics, flattening the credit cycle.
@@Essentially_Nobody ye I guess I wont be taking orders as to what I must do from some entitled stranger online. I tell what I think im competent to tell. And if you disagree go and write sad post on twitter full of whining and so on.
For anyone interested a deep dive into why the benefits cut is appalling. Since 2010 in this country we have seen a massive increase in food bank use and a massive decrease in benefits, not just in real terms but actual cuts. In 2010 this started with a reduction of bands for Working Tax Credit, which meant more people were pushed out of receiving tex credits. They also introduced the bedroom tax effectively lowering housing benefit to people with a spare room. There were cuts to DLA that Theresa May was challenged on during her disastrous 2017 election campaign. The Tories decimated widows benefit claiming there were other forms of support and they world had changed since this was created. They then changed Tax Credits to Universal Credit added a 5 week waiting period and also reduced the benefit so it only covered 2 children. The justification for this was that it would stop poor people relying on the state with their big families, however if the Conservatives had bothered to do their homework they would have seen that the average household size has remained stagnant for 25 years or more with 1 person, 2 person and 3 person households making up the vast majority in this country and the idea of these big sponging families is a myth. Although in regards to Tax Credit and Universal Credit that's not the biggest kick in the teeth for those claiming it and those working there. Since it has been developed it has become a very VERY secure benefit due to it's connections to the PAYE system. Since being introduced however the Conservatives have managed to lose between 12 to around 20 billion pounds to fraud ...whilst introducing cuts. The stupidity is mind-boggling. In fact they have done such a piss-poor job of social mobility that the entire social mobility board created by David Cameron resigned en masse in 2019 citing that the Government was more preoccupied with Brexit than it was with creating genuine social mobility. Whilst I don't know if this was the spur for the levelling-up idea (I will refrain from referring to it as just a slogan ...Oops!) at least Johnson knew he had to appear to be doing something to improve people's lives. The dangerousness of Liz Truss, Kwarteng and their lunatic advisors is that they seem abosutely clueless to any of this. I'm just a regular member of the public who used to work for HMRC, DWP, Benefit Fraud, the financial sector and the private sector and even I KNOW all of this. For them to be in government and not do is not just ridiculous it's scandalously negligent.
The simple answer to this is "Stop punching out kids and get a job" way to many lazy scrounging b∆$t∆rds on the sofa when they could and should be working, but don't want too.
I genuinely don't understand why food banks are so popular now when compared to the 70s? People were literally starving to death in the 70s in a way that hadn't been seen in modern times, did people just not care about others in the 70s
@@mrcaboosevg6089 Free food matey. If it's free grab it culture going on now! Don't get me wrong, some really do need it. And some need it because the sky tv would have to go other wise, if you know what i mean
They cannot get rid of her due to not having enough days for vote of no confidence... the party will have to veto her votes to pass bills which can buy time until a general election or she steps down... (latter most likely wont happen as she clearly is power mad)
No it not that Green, you are learning you are a small Island Nation, you can not have "Small Government" otherwise you turn quickly into a "Third World Country". You must have a strong government that help's to create innovation within their society otherwise you will quick fall behind the rest of the world. You simply don't have the raw resources to compete head to head with France and Germany or America for that matter.
@@Drannn54 You totally missed what just happen didn't you Levi. The Bank of England should not have to intervene in when the Mini-Budget was announced. Levi, there is a major problem with your financial system. We don't what it is but soon it is going to be every Kingdom for itself.
Ironically, the Tories claim they are focussed on growth. They have done their best to destroy UK trade with our biggest trade partner and failed to replace the EU with more profitable markets. Growth is impossible without a significant expansion in foreign trade, yet nobody is talking about trade.
...but at least the jolly old 'pint' of beer is safe from the evil metric system! Funny tho... we have no problems ordering a pint in Ireland. Anyone might think brexit was all based on fear-mongering nonsense!
Let me paraphrase Ian Hislop's words from Have I Got News For You: She says she's ready to be unpopular, like it's some courageous thing, but there's no courage in telling people you'll cut taxes. The courageous thing to do is to say "hey, we're going to need to increase taxes for a while because we're in a bad situation and we need to fix it". And that's what the next prime minister is going to have to do, next month or so.
Ian Hislop is right, that is courageous. It’s also courageous to say ‘We need to cut our absurdly high tax rates and gut our out-of-control public-sector funding wastage’. Basically, it’s courageous to have a *plan*. Lizz Truss is completely incapable of convincing people she has a plan. Hell, she doesn’t even have a bloody clue so no wonder nobody likes her regardless of their politics.
In France they stopped holding party primaries because they kept electing extreme candidates that were unpopular by the wider public. The Tories may blame Truss for the poll drops but they dug their own grave by electing the most extreme of themselves.
she isnt the most extreme, and france has a presidential system apart from their PM. the PM of the UK is the leader of the largest party. thats how it works. its not like in america where the parties choose a frontrunner, the person elected to be the PM is literally the one who decides the direction of the party. the party becomes them. there is no way for the UK system to function without the parties electing leaders. also she was elected via transferrable vote. its one of the fairest systems available. if this is the outcome they got, its because its the outcome they wanted. the tories arent the people.
@@jonathanodude6660 I'm glad you brought up transferable vote. It's ironic to the extreme that the Tories themselves use a voting system that they said would be bad for the UK as a whole. 🤣
@@jonathanodude6660 The PM is only usually the leader of the largest party; legally, they are appointed by the reigning monarch, and can be somebody else if the monarch so chooses.
The last 6 years have been amazing from a political self destruction of a country, but the last 10 days is like a speedrun of epic proportions, and she did exactly what she'd promised she would do I've never seen that 🤯🤯🤯🤯
@@Drannn54 I certainly do want to see the breakup of the union which will happen regardless of who votes for who when, because it's not in the English peoples hands.
Tories are even on about getting rid of the pension triple lock now - this'll screw over older people on a fixed income who are unable to "graft more" like Liz says everyone should do. Pretty much lose their main support base right there if they do.
@@mrcaboosevg6089 Not worse by much honestly. The UK has been a complete clown show for the past 5-7 years. I used to wonder how the Americans could be so dumb in regards to the political leaders representing them. I now know that the apple doesn't fall far from the tree and that the UK is racing the US for dumbest politicians in the western world.
She set global energy prices? Impressive. Thought she'd capped the prices you'll be paying at less than market rate by forcing your grandchildren to pay. I must be wrong.
It's kind of a shame how far labor are leading polls. I was hoping that a coalition would needed to oust the Tories, that way we could get a another shot at voting reform.
Why would you want voting reform? We asked the people and they very emphatically said no. If you believe in democracy you’d probably want to respect that vote.
In the latest episode of "Have I Got News For You" the said (IIRC) that if there were a GE today, the Labour party would get something like a 400 seat majority. Let that sink in.
@@Drannn54 If I was Scottish I would definitely want to see the breakup of the union at the moment. Hell, if I was a Londoner I would be looking for ways to get out of the union and join the better one.
Those Truss radio interviews 6 days after going to ground post mini Budget never going to be forgot. She right royally screwed them all up. But. She banged on about saying the common person energy bills. Just lovely
They never have. Your first past the post system means 67% of votes alst election went to the inoccrect parties because winner takes all in each county. The UK is a deeply flawed democracy, if you can even call it a democracy now that police are allowed to execute protestors
Possibly so - too bad who ever will replace her will be as bad or worse. The Tory party won't consider a GE - unless Liz decides to burn the party down with her and call a GE. I thought Johnson would do that as an act of spite, but he didn't, and I think it less likely Truss will as she seems less spiteful (at non-poors at least)
@@dm121984 things has to keep getting worse and the country fall into a crisis so the conservative party is split in two. The moderate conservatives, and the fascists nationalists. That way they will have a much harder time gaining power fighting eachother and it will be easier for other parties to take power and stop evil
My God, Truss wanted to bring back Trickle Down Economics-- give more money to those who already have more than they know what to do with and it will magically end up in everyone's pockets. The IMF debunked this "voodo economics" years ago. In the age of record profits for corporations and the largest income disparity in generations. its hard to argue they don't have money to invest.
The UK economy is on a knife edge atm. This isn’t due to one mini-budget announcement. Years of mindless borrowing from the government has led to this and now this is the result. Same with many other countries. BoE have helped kick the can down the road, but any other administration will just have the same problem on their hands.
Of course they will and all you ever get from a conservative Prime Minister is ' Labours borrowing left us in a mess', that's a bit rich if you ask me. These lot have been at it for 12 years, yet blame everyone but themselves.
For some reason Liz's facial expression remind me of the girlfriend who shows up uninvited to a guy's night out event and merely mimics everyone's reactions without knowing what's going on
Just a heads up for 6:05. You said " well the pound has since recovered" which could be taken as "it recovered because of the u-Turn" but the pound was back to pre mini budget levels 3 days before the uturn. Just to avoid some confusion.
@@NA-sr8tr forcing BOE to print 65,000,000,000 more pounds, increasing inflation still further forcing further rises in interest rates... 1st rule of holes? STOP DIGGING
Boggles my mind why anyone thought they would act differently. The Tories have always acted like this. Since Thatcher right up until now. I can't find a single Tory government who has not acted like this one.
Going just as well as i thought it would be ......good ol' pork markets girl. And to the 'working class' tories who chose this disaster, give yourselves a nice round of applause
@@gigitrix Voters are voters. Be it an opposing party or an internal election you don’t blame the voters, you blame the politicians, because it’s their job to present compelling candidates. Obviously in the race between Truss and Sunak that wasn’t the case. The two emptiest, most unlikable candidates that were on the docket. Just imagine if the voters were the ones involved in the various rounds of voting. I reckon Kemi Badenoch would have won in a landslide and we wouldn’t be where we are right now.
In my time in england (5years) i found that most tory supporters seem to be farmers and very large chunk of working class purely becouse there dad voted it, i thought that theory was BS but yeah i have heared "my dad voted them" as a reply to why they support the tories...so yeah blame voters and politicians i say.
This is what happens when less than 1% of your population gets to decide who the next PM is. We seriously need to change laws so if a leader steps down mid-term it's an automatic general election once the new leader has been decided with the deputy PM taking up the PM's responsibilities until the general election.
Incredibly high quality video here chaps. Imo no mistakes at all, only choices. Ben, you started at maximum-capacity oratory spacing. Unbelievable. 1%faster than too slow. Nobody ever slows down when they start speaking. AND your pace means flawless delivery. Counter to that, I enjoy when Jacks reading, makes an error at the top of a take but jumps straight back in, and that’s been included. In fact, it’s the detail that made me start paying attention to the graft behind a channel I’d taken for granted as ‘lo-fi’ news (and then you started the editorial HAH. I’m one of the 12 dissiples) @7:16 ALEX: I’m sorry to be the one… cause I don’t know who Crabb is other than now knowing he’s the pension secretary, but I’m not sure I’ve read about him calling for a general election, tho Dorries has. I don’t think the implication here is that Crabb DID, cause Ben’s tense is singular, (“who’s called”, rather than who’ve called) BUT; could have been a really good speech bubble… just to keep it crystal clear. And also maybe dodge a potential grump from a Crabby staffer. xxx
It's incredible when it's Labour when they want to spend and invest in the economy and support the country's services, they immediately get hounded by the phrase, "how are you going to pay for it?", even when costs are evaluated.
Ill be really upset if people start blaming liz for the mess we are in less we forget Boris... Liz was only there as a puppet to take the public face of the mess boris made. If he doesnt end up in jail and everyone thinks liz is the bad guy ill be disappointed
I bet there are tons of Tory PMs who desperately want Truss gone, but are scared of a GE. Since the 1922 committee rules don't allow for new leadership elections yet, this might lead to a situation where she has no majority in the Commons, but still will pass a vote of no confidence (to prevent a GE). Either she resigns or it's a government deadlock, at which point the King might even have to intervene.
The whole bunch of conservative party fellows who vote Truss should be sacked as they are either brainless or blind to believe her tax cut policy can work. 🙄
Tory MPs will have to openly defy her to not be labelled as part of the problem for the next GE electorate. OR as the British are always eager to do, people will have short memories and continue the practice of fairy tale politics where they tell themselves lies and believe it, therefore bringng about another Tory landslide. After everything I've seen for the past 6 years nothing is too far fetched at this point.
I think they can put in a vote of no confidence, but the concern is if she survives then the country is stuck with her for another year. The monarchy won’t get involved in politics so that’s out the question.
It would be interesting to check the opinion _now_ of the Tory Party members who voted for her to be PM. They must be cringing… and they deserve to have their noses rubbed in it.
I'm not sure why people are surprised she said she would do this and did it. Rishi was the better candidate and this is from a labour supporter Truss is shocking and will destroy their credibility for years
Absolutely. He has worked in finance for years. Problem is, he had no intentions of cutting taxes so the rich could get richer. This was his downfall along with his honesty. I feel he would have been like a fresh of fresh air and a person to be trusted. I would have voted for him in the next General election too. Unfortunately now this has drawn out all the grovellers who supported her just to get a job, that party hasn't got a hope in hell's chance of getting my vote.
Before Truss even became PM Bojo was saying hes gonna make a come back so wouldnt be suprised if this was all a set up to gain public confidence in the wild Hog Roast!
We live in a time where the dollar is roughly equivalent to both the Euro and Pound If you told anyone that at the beginning of the year ....... they'd be downright frightened by wtf is happening in Europe to cause such things
If there is one thing I have learned about British conservatives, is that if they think one of their own will doom their election chances, they’ll ditch them.
Notice how they cut stamp duty, not stamp duty for new buyers, just stamp duty. Guess some of their mates wanted to bulk out theire property portfolio for christmas.
I’m pretty sure it was stamp duty for first time buyers. But they also forced interest rates to substantially increase. So good luck with that new mortgage you banks are no longer offering.
She's basically thatcher 2.0 (spineless turning edition), which is a bit like trying to play netflix on a VCR player with no plug while your house in burning down.
This is what we get when a few thousand, probably elderly and rich Tory party members, are allowed to elect the prime minister. The system should be different.
depends on who she wants to save face with. the public or tuffton street. She can but only serve one master. Saying all that. MPs who want to actually survive will not tolerate her serving as an ERG puppet, I'm sensing she doesn't have the capability of indapendant thought, so serving the public will probably have her running out of ideas, things to say or do. She'll get no help in her own party from people who do have ideas. She's not in a good place. Probably one more car crash interview away from walking the plank.
Impressive how the country had such low hopes for her and she still managed to Limbo right under those hopes
Brilliant comment.
Hey, if one of your plans as prime minister is to increase national unity, nothing does that better than making everyone hate you equally. 😁
I swear Boris might be missed.
v funny callum ;-)
UK is the oldest democracy, it is the best. The British get what they deserve. 👍👍👍👍👍
Truss managed to make Boris a competent leader. Quite the feat.
steady on there... it would take more than that by far
If you actually believe her incompetence makes Boris look competent then idek that's a really scary representation of the average viewer
@@ember5471 "at least she didn't attend parties during lockdown" you'll say, burning your last possessions for warmth 🤣
I’d rather boris than her
Let's not go that far. They were both a travesty (and yes I'm talking about Truss in past tense).
It’s wild to think that weeks were spent figuring out which of two candidates would become the next prime minister, truss was chosen, and not even a month later it looks like everyone wants her out of office. It feels like that Indiana Jones scene of “he chose poorly”
PMs are by far over rated in a modern kleptocracy.
For all of their top level educators they never learned the meaning of "Caveat Emptor."
no one wants to be leader of the conservative party now so we get the one person dumb enough to take the job.
Com back Boris, all is forgiven, in fact the Tories are doing an excellent job of shooting themselves in the foot. What an absolute shambles.
Just a friendly reminder that Truss didn’t even touch Brexit… yet… I hope she can do some more damage there before she leaves 😂 This stuff has been super entertaining to watch
It's not been a tough couple of weeks for Truss, it's been tough for all the rest of us who have to put up with this dangerous nonsense.
Your in for more Silas. You see in-order to get what you want even Labor must do things differently and for an Islander's like you "change" will be a "bitter pill" to swallow. Islanders don't like "change" even if it benefits them in the long run they still don't like "change". So look to see more protests and tear gas in your future. Sorry, but change is always hard on the UK.
@@Madame702 Fear of change is not exclusive to just the UK. It is a constant, and it makes sense. People don't feel comfortable in a situation they have never faced before. It's expected for the vast majority to want the status quo to remain. If history has taught us anything, it's that the majority will reject any meaningful shake-up if it disrupts there "normal". Even if it's for the greater good in the long run.
As for what the future holds, I'd say it doesn't matter where you are, it's going to get a whole lot worse. By a margin that makes todays inconveniences seem trivial. The next coming decades will define whether humanity is ready to colonise the stars, or burn up in a whimper. I wouldn't bother with petty differences, we are all in the same boat, and it is sinking.
Unicorns and fairys
@@fluffycarrot42 No Fluffy Carrot, you must understand your Islander, and your geography make you who you are. Islanders like yourself don't like change. When Japan changed they wiped out entire class of people called Samurai. You Brits have gone through this cycle over and over, and over again like a broken record.
@@fluffycarrot42 You will fight it like you always do but change will come but not before dark forces both within and without start to scarce all you together that hasn't happen yet, you are still acting like individuals, and so your time has not come to ban together like you always do.
Kwarteng met bankers and hedge fund managers a few days before the budget for a champagne party, then comes the budget Kwarteng abolishes the cap on banker’s bonuses, then the pound plunges and those same bankers made millions betting against the pound. The police should investigate!
inside trading is normal practice at these banks. Not getting caught is the name of the game
Really, who do you think pays the police?
Totally agree this without doubt inside trading information, so they need arresting, and if the chancellor is involved send him back to Ramada
10% of the tory party belong in Jail
Also there was a cap on bosses' bonuses imposed by EU. No wonder why Brexit.
When Liz Truss took office, the UK was in a hole.
She worked and toiled for weeks until, finally, the hole was three times as deep as when she started.
Incredible.
Honestly kind of impressive just how much damage shes done in so few days
Spot on and that hole is going to get bigger until she is ousted. The conservative party on a whole is toast for supporting this madness never mind just her. This is corruption at it's best.
I'm not a Truss supporter (and also not a Tory supporter), but would Starmer have done any better in this current economic and political climate? The fuel crisis was ultimately triggered by the Ukraine crisis, which is completely out of the hands of the UK government.
Being serious - how would Starmer (or Rishi for that matter) have made things any better? The UK is not the only country that's suffering economically in the world.
@@squodge
TL;DR: Truss' economic plan was to pour rocket fuel into the inflation fire.
In my economically illiterate opinion, Truss screwed up phenomenally.
The energy price caps are understandable, but it's a risky economic move if not paired with austerity in other areas.
You can't just print money to get out of high energy prices. You have to give something else up or the currency itself will start looking like Zimbabwe's.
Which is why her other policy is so destructive. She decided it would be a good idea to cut taxes slightly for the working class and significantly for the rich instead of raising them, which was the previous administration's plan.
Cutting taxes can help because it helps bring down high unemployment. However, it's a stimulus measure, which can raise inflation. The problem is unemployment in the UK is already low and inflation is already high, so this policy can do nothing but make things worse. This is Truss pushing Trickle Down Economics without reading the room.
is she using the same shovel Sturgen is using
She was in power for 2 days and the Queen died of cringe.
Yes, Lizz Truss is already finished. Nobody likes her. Nobody has faith in her. She offers nothing.
Except a pack of lies
The Queen saw what was coming and opted out. Same move David Bowie and Prince pulled in 2016.
@@Anna-bu8hh
She’s a politician so that comes with the job.
Liz killed Liz
@@7ookee Crass Liz killed Class Liz.
What's really angering people is that no one voted for her, so you can't blame yourself or others, just the party + members
They voted in their millions for Johnson, an unabashed liar, (public and private) shyster, and giver of civil jobs to his cronies. Had they not, they would never have ended up with Truss. It is their fault.
God I love being American
Because we at least we get to make our beds before we lie in them
@@DoctorCyan As an Argentinian, I feel myself in the need of launching a tactical nuke called:
Yeah, but you don't vote for your president right? That's the electoral congress job, designed to undermine democracy.
Let the comment wars begin.
Do you want to see the breakup of the union then vote for Labour party in 2025
Johnson - "I'm the worst PM ever"
Truss - "hold my beer"
"hold my Tea" would be better phrase :D
"That's called wine Liz" 🤦🏻
Atleast Johnson could run the economy and put a good chancellor in
@@ndgprasad There's no chance Liz has ever done anything sober.
yes but she's like his protegee. Johnson lobbied heavily for Truss to get elected. Like or hate Sunak, but unlike Truss he has been a genuine Brexiteer when that wasnt the most popular position in the party. And also he had guts to stand up against tax cuts when that wasnt a popular position either. And he was the one who had guts to liberate us from Johnson as PM finally.
So I mean like or hate despite being mega rich Sunak kinda has principles. While Truss is like Johnson, just even less competent and more dependent and controlled. + she is kinda mental tbh.
Boris wanted higher corporate taxes. I guess we know the real reason other Tories hated him now, not his gaffes but because he was potentially hurting their benefactors pocket books. They ejected Truss onto us.
Low corporate taxes are a good thing. 25% is too high. 20% or lower is ideal.
@@Wilhelmofdeseret Nope. The Institute for Public Policy Research (IPPR) said a “race to the bottom” on the headline tax rate on company profits had failed to boost investment and economic growth in Britain over the past 15 years. Slashing the headline rate from 30% in 2007 to 19% in 2019, orchestrated by the former chancellor, George Osborne, did not spur higher private investment or faster economic growth. Despite the repeated tax cuts to the lowest rate in a century, the UK fell behind Italy and Canada to rank with the lowest private sector investment in the G7 as a share of national income. The following year, the UK ranked 28th for business investment out of 31 members of a wider group of developed countries in the OECD.
Studies have shown corporation tax cuts used by successive Conservative governments have had little bearing on business investment and economic growth, undermining the argument of free-market Tories that such tax breaks pay for themselves. Cuts to corporation tax came with a net cost to the exchequer of almost £73bn between 2010 and 2018, according to research by the Social Market Foundation. In only one year did an increase in business investment outweigh the cost. Business investment has flatlined in recent years amid concern over Brexit, then Covid, and a challenging economic outlook. Official figures show the level of investment remains 5.7% below where it was before the pandemic, while economists warn rising energy costs and sky-high inflation will put a dampener on spending. Governments around the world have committed last year to ending a race to the bottom on corporation tax, saying it had deprived national exchequers of revenue for funding vital public services, while benefiting footloose multinational corporations. Almost 140 nations, including the UK, agreed to set a 15% minimum rate. The IPPR report will raise fresh questions over Kwarteng’s desire to scrap a planned increase in corporation tax to 25%, starting in April, that had been set in motion by the former chancellor, Rishi Sunak.
George Dibb, the head of the Centre for Economic Justice at the IPPR, said: “Slashing corporation tax is just a continuation of a failed race to the bottom that hasn’t delivered for the UK economy. Tax cuts are not a magic bullet to increase investment and growth. If the government were serious about boosting investment, it would be listening to businesses who want a serious economic strategy to support growth, boost innovation, and increase our low productivity. Instead, it thinks it can cut tax and deregulate its way to growth, which has failed before,” Dibb added.
Unless you are rich and benefit from this, there is absolutely no reason to support lower corporate taxes.
If I had a quid for every Torie mess up, I would be able to afford to make toast
I'd be able to afford a five grand 5 minute look warm shower
If I was a hedge fund manager, Id have trousered £200m thanks to this pair of useful idiots as they crash the economy...Oh wait a minute!!!
...and afford to spread some Lurpak on it too.
we could afford to be tory donors. ;)
and a house to live in too.
Trimming the fat off public services?! we've already had 12 years of austerity cuts and neglect, most services have already buckled and reliant on charities to make up the government shortfall. Children are going hungry, hospital roofs are literally collapsing, the civil service is barely functioning, the elderly are unable to put the heating on and the disabled are dying due to universal credit, there's nothing left to cut.
Oh they'll find something to cut. People may be dying but are they dying fast enough? If they cut UC all together won't folk die faster and cheaper? If the hospital roofs are collapsing can't it just be sold off and not replaced? Never underestimate the shitfuckery they can do.
If there's no fat left, trim the meat, make a stew of the bones if the meat gets eaten all up too.
There's always more to sacrifice, especially when one is starving.
So while you people eat yourselves up I'll sit here on my fat butt and enjoy the clown show.
If it only affects the poor, so what, two years to screw then over even more.
Love the get a better paid job argument from some Tories, some are already working two or even three jobs. Maybe it's they could get a better paid job they would... Nobody wants too pay a real living wage.
It's almost like they live in their own world, oh hang on.
Don't you think she looks tired?
She looks lost and like she can't believe she won 😂
she has truss issues she cant sleep at night
She said she slept just fine
I’m tired of tories ruining the country
Doctor Who reference.
someone described her as „a pigeon looking at a rubik‘s cube“, which is both funny and apparently pretty precise 😂
Bout right. (My money's on the pigeon)
Hmm just like the brexiter may be described as a pigeon playing chess who knocks over all the pieces sh!ts on the board and flies off proclaiming victory!
It's almost like the reason no one had done sweeping tax cuts like this in the past is because it's actually bad fiscal policy unless it also includes massive spending cuts. This party is like that young person in a company who thinks they'd be a better manager than anyone else, but once they get the job they realise they never actually bothered to learn any leadership or management skills
Well tax cuts make sense if you already have a booming economy. This attracts more rich people to enter that, invest, and so on. I don't quite get what's the point of giving rich people more tax cuts when everyone's so afraid of investing in the UK that they won't bring any new investors really. No sane person is gonna invest money in the UK economy, and tax cuts however big they are now wont change that. So basically positive effect is absent while negative effect is government getting less income in taxes.
@@Essentially_Nobody basic economics? You do tax cuts because you want more money to be left in hands of those who are gonna invest and spend + you want attract more potential investors/spenders.
If you have for instance a nuclear winter in your country and everything is crazy regulated, energy is expensive etc then you can lower taxes as much as you want, no one is gonna invest and spend their extra money in your country. Everyone will invest elsewhere where ROI is higher. While when it comes to spending they gonna spend elsewhere too since buying whatever they want is gonna be cheaper elsewhere too.
That's how trickle down economics is supposed to work. There is no point to lower taxes when other negative factors are so grave people just won't want to invest and spend in your economy still.
This is like basic common sense. You lower taxes for the rich only when your country is doing well, or has all pieces of puzzle to be doing well. And you just wanna feel the body of its economy with the blood of extra money. Then you can lower taxes for the rich being sure that they are gonna spend that extra money in your country stimulating everything.
@@Essentially_Nobody You gonna be shocked dude, economics isnt a exact science and there is no such thing as hard evidence there. Otherwise you wouldnt have had so many different schools of economics.
Wanna discuss economics and economic references with someone probably get real friends. Because no sane man has enough time to explain economics to some complete stranger on UA-cam and on top of that waste time giving you references as if I was writing an academic article.
@@tomashalusek9181 You got it the wrong way round, you don't want tax cuts during a booming economy as that can create bubbles. You want tax cuts when the economy is in the gutter. Tax increases when the economy is booming means you can capture some of the excess wealth and ensure that inflation doesn't get too out of control. That's basic economics, flattening the credit cycle.
@@Essentially_Nobody ye I guess I wont be taking orders as to what I must do from some entitled stranger online. I tell what I think im competent to tell. And if you disagree go and write sad post on twitter full of whining and so on.
For anyone interested a deep dive into why the benefits cut is appalling.
Since 2010 in this country we have seen a massive increase in food bank use and a massive decrease in benefits, not just in real terms but actual cuts.
In 2010 this started with a reduction of bands for Working Tax Credit, which meant more people were pushed out of receiving tex credits.
They also introduced the bedroom tax effectively lowering housing benefit to people with a spare room.
There were cuts to DLA that Theresa May was challenged on during her disastrous 2017 election campaign.
The Tories decimated widows benefit claiming there were other forms of support and they world had changed since this was created.
They then changed Tax Credits to Universal Credit added a 5 week waiting period and also reduced the benefit so it only covered 2 children. The justification for this was that it would stop poor people relying on the state with their big families, however if the Conservatives had bothered to do their homework they would have seen that the average household size has remained stagnant for 25 years or more with 1 person, 2 person and 3 person households making up the vast majority in this country and the idea of these big sponging families is a myth.
Although in regards to Tax Credit and Universal Credit that's not the biggest kick in the teeth for those claiming it and those working there. Since it has been developed it has become a very VERY secure benefit due to it's connections to the PAYE system. Since being introduced however the Conservatives have managed to lose between 12 to around 20 billion pounds to fraud ...whilst introducing cuts. The stupidity is mind-boggling.
In fact they have done such a piss-poor job of social mobility that the entire social mobility board created by David Cameron resigned en masse in 2019 citing that the Government was more preoccupied with Brexit than it was with creating genuine social mobility.
Whilst I don't know if this was the spur for the levelling-up idea (I will refrain from referring to it as just a slogan ...Oops!) at least Johnson knew he had to appear to be doing something to improve people's lives. The dangerousness of Liz Truss, Kwarteng and their lunatic advisors is that they seem abosutely clueless to any of this.
I'm just a regular member of the public who used to work for HMRC, DWP, Benefit Fraud, the financial sector and the private sector and even I KNOW all of this. For them to be in government and not do is not just ridiculous it's scandalously negligent.
"Trimming the fat" has never been so obnoxiously insulting when the population has to choose between heating and eating
The simple answer to this is
"Stop punching out kids and get a job" way to many lazy scrounging b∆$t∆rds on the sofa when they could and should be working, but don't want too.
@@Keln02 There's different kind of fat we're looking to trim and it's definitely not welfare. The absolute nerve of it all
I genuinely don't understand why food banks are so popular now when compared to the 70s? People were literally starving to death in the 70s in a way that hadn't been seen in modern times, did people just not care about others in the 70s
@@mrcaboosevg6089
Free food matey. If it's free grab it culture going on now! Don't get me wrong, some really do need it. And some need it because the sky tv would have to go other wise, if you know what i mean
She is, and the people around her are ghastly. But sadly they won't remove her. They are all corrupt and liars
They cannot get rid of her due to not having enough days for vote of no confidence... the party will have to veto her votes to pass bills which can buy time until a general election or she steps down... (latter most likely wont happen as she clearly is power mad)
@@lewis571 the torries would have to be nuts to try and call an election now
No it not that Green, you are learning you are a small Island Nation, you can not have "Small Government" otherwise you turn quickly into a "Third World Country". You must have a strong government that help's to create innovation within their society otherwise you will quick fall behind the rest of the world. You simply don't have the raw resources to compete head to head with France and Germany or America for that matter.
Do you want to see the breakup of the union then vote for Labour party in 2025
@@Drannn54 You totally missed what just happen didn't you Levi. The Bank of England should not have to intervene in when the Mini-Budget was announced. Levi, there is a major problem with your financial system. We don't what it is but soon it is going to be every Kingdom for itself.
Ironically, the Tories claim they are focussed on growth. They have done their best to destroy UK trade with our biggest trade partner and failed to replace the EU with more profitable markets. Growth is impossible without a significant expansion in foreign trade, yet nobody is talking about trade.
...but at least the jolly old 'pint' of beer is safe from the evil metric system!
Funny tho... we have no problems ordering a pint in Ireland.
Anyone might think brexit was all based on fear-mongering nonsense!
Soviet still growth in 1930 with out trade
@@carkawalakhatulistiwa Maybe, but how did they achieve that I wonder? Mmmmm?
Let me paraphrase Ian Hislop's words from Have I Got News For You: She says she's ready to be unpopular, like it's some courageous thing, but there's no courage in telling people you'll cut taxes. The courageous thing to do is to say "hey, we're going to need to increase taxes for a while because we're in a bad situation and we need to fix it". And that's what the next prime minister is going to have to do, next month or so.
Ian Hislop is right, that is courageous. It’s also courageous to say ‘We need to cut our absurdly high tax rates and gut our out-of-control public-sector funding wastage’.
Basically, it’s courageous to have a *plan*. Lizz Truss is completely incapable of convincing people she has a plan. Hell, she doesn’t even have a bloody clue so no wonder nobody likes her regardless of their politics.
What's hilarious is the other candidate was basically saying just that.
@@jonathanbuzzard1376 says a lot about the average Conservative voter 😂
Rishi Sunak was saying this exact thing
Raising taxes never works when you have an inefficient government
At this point even Vladimir Putin as British PM would have polled higher than Truss.
Putins brilliant!
Putins brilliant!
that's what i thought too :)
@@jillybe1873 😂 His brilliant what?
3 legged rocking horse might of beat him to it.
As soon as they announced the mini budget, I thought she'll be gone by Christmas.
With how hard she's going she might be gone by the time Americans are celebrating Thanksgiving.
Mini Budget
Mini nation
Except the conservatives take so long to decide on a new leader, she's probably a shoe-in to make it to Christmas even if they oust her next week.
They said World War One would also be over by Christmas, and look how that turned out.
@@abicyclebuiltfortwo1368 WW1 was nothing like this.
In France they stopped holding party primaries because they kept electing extreme candidates that were unpopular by the wider public. The Tories may blame Truss for the poll drops but they dug their own grave by electing the most extreme of themselves.
she isnt the most extreme, and france has a presidential system apart from their PM. the PM of the UK is the leader of the largest party. thats how it works. its not like in america where the parties choose a frontrunner, the person elected to be the PM is literally the one who decides the direction of the party. the party becomes them. there is no way for the UK system to function without the parties electing leaders. also she was elected via transferrable vote. its one of the fairest systems available. if this is the outcome they got, its because its the outcome they wanted. the tories arent the people.
@@jonathanodude6660 Excellent summary, cheers
@@jonathanodude6660 I'm glad you brought up transferable vote. It's ironic to the extreme that the Tories themselves use a voting system that they said would be bad for the UK as a whole. 🤣
I don't blame the Tories to be honest, they need some time as opposition just to sort their party out. They simply don't know what's going on
@@jonathanodude6660 The PM is only usually the leader of the largest party; legally, they are appointed by the reigning monarch, and can be somebody else if the monarch so chooses.
It’s ridiculous that Truss has made me actually agree with something Michael Gove said
Maybe you shouldn't have got high?
The last 6 years have been amazing from a political self destruction of a country, but the last 10 days is like a speedrun of epic proportions, and she did exactly what she'd promised she would do I've never seen that 🤯🤯🤯🤯
Do you want to see the breakup of the union then vote for Labour party in 2025
@@Drannn54 I certainly do want to see the breakup of the union which will happen regardless of who votes for who when, because it's not in the English peoples hands.
She is definitely one of the PMs of all time
I live in Australia and don't really follow British politics but even I can see Truss is useless and that's putting it nicely.
Tories are even on about getting rid of the pension triple lock now - this'll screw over older people on a fixed income who are unable to "graft more" like Liz says everyone should do. Pretty much lose their main support base right there if they do.
Well at some point it will serve them right, the tories have always been that kind of party.
From an American citizen who has family members in the UK-
Good luck! I didn’t think things could get worse than Boris.
Damn, I missed that one badly!
Could be worse, could be sleepy Joe
@@mrcaboosevg6089 Not worse by much honestly. The UK has been a complete clown show for the past 5-7 years. I used to wonder how the Americans could be so dumb in regards to the political leaders representing them.
I now know that the apple doesn't fall far from the tree and that the UK is racing the US for dumbest politicians in the western world.
@@mrcaboosevg6089 Bore off, troll.
@@ChuffedLemon Don't think you know what a troll is.
@@mrcaboosevg6089 I do, but go on and explain why you think think that “Sleepy Joe” is worse than Truss.
No she isn't, because you need heat to make toast which she made too expensive.....
We'll be fine. Nukes are well toasty
She set global energy prices? Impressive.
Thought she'd capped the prices you'll be paying at less than market rate by forcing your grandchildren to pay. I must be wrong.
wood is free....
A nice fire can be arranged very quickly if wanted.
Truss is not responsible for this. The green crap everyone in polite society agrees is a terribly good idea is responsible for this.
This is what happens when you give an important role to a friend rather than necessarily the best person for the job!
It's kind of a shame how far labor are leading polls. I was hoping that a coalition would needed to oust the Tories, that way we could get a another shot at voting reform.
Yeah, you have a good point. I don’t trust Labour alone to do it but I can at least trust them to sort out the economy.
Reform UK needs a lot more visibility. I think they'd do a great job
@UCeNv8e1kzoRxfkjcRaR2aVA Who cares? It does not matter.
Why would you want voting reform? We asked the people and they very emphatically said no. If you believe in democracy you’d probably want to respect that vote.
@@paulwalker2133 what are you referring to?
In the latest episode of "Have I Got News For You" the said (IIRC) that if there were a GE today, the Labour party would get something like a 400 seat majority.
Let that sink in.
Do you want to see the breakup of the union then vote for Labour party in 2025
@@Drannn54 I have no actual opinion s I'm not British, but looks to me the Tories aren't doing that good on that front either.
@@Drannn54 If I was Scottish I would definitely want to see the breakup of the union at the moment. Hell, if I was a Londoner I would be looking for ways to get out of the union and join the better one.
@@SocialDownclimber USA?
@@cesarzpontu8886 Me? nope.
I am *not* toast. And I'm tired of people coming out with such distractions. Now, how about doing a video teaching people how to curtsey?
sourdough face and the brown bread [ie ; dead toasty walking] chancellor.
Liz is this you 🤨
@@goodday2022 Of course not. She would not lower herself to our level and write a comment on UA-cam.
@Liz Truss
Why are you watching videos about how f🤪cked you are? Why don't you go watch videos about basic economics? I think you need it.
@@Silthurnix And if she did, her profile pic would be a block of cheese
Those Truss radio interviews 6 days after going to ground post mini Budget never going to be forgot. She right royally screwed them all up. But. She banged on about saying the common person energy bills. Just lovely
Can't remeber Last time the public chose the PM
They never have. Your first past the post system means 67% of votes alst election went to the inoccrect parties because winner takes all in each county.
The UK is a deeply flawed democracy, if you can even call it a democracy now that police are allowed to execute protestors
Truss about to become the shortest serving PM in history
who holds the record she has to beat...................??
@@raymondo162 George Canning in 1827 for 118 days before he died.
So is Liz Truss going to be the next shortest Conservative Prime Minister?
How tall is she ?
Possibly so - too bad who ever will replace her will be as bad or worse. The Tory party won't consider a GE - unless Liz decides to burn the party down with her and call a GE. I thought Johnson would do that as an act of spite, but he didn't, and I think it less likely Truss will as she seems less spiteful (at non-poors at least)
In height & length of time served....
No, the cat is shorter.
@@dm121984 things has to keep getting worse and the country fall into a crisis so the conservative party is split in two. The moderate conservatives, and the fascists nationalists. That way they will have a much harder time gaining power fighting eachother and it will be easier for other parties to take power and stop evil
My God, Truss wanted to bring back Trickle Down Economics-- give more money to those who already have more than they know what to do with and it will magically end up in everyone's pockets. The IMF debunked this "voodo economics" years ago. In the age of record profits for corporations and the largest income disparity in generations. its hard to argue they don't have money to invest.
Those radio clips XD Brutal
You can hear her brain cell desperately trying to remember what the men in suits told her to say.
The UK economy is on a knife edge atm. This isn’t due to one mini-budget announcement. Years of mindless borrowing from the government has led to this and now this is the result. Same with many other countries.
BoE have helped kick the can down the road, but any other administration will just have the same problem on their hands.
If by "on a knife edge" you mean its main artery has been slashed open and it is hemorrhaging, well then yes.
Of course they will and all you ever get from a conservative Prime Minister is ' Labours borrowing left us in a mess', that's a bit rich if you ask me.
These lot have been at it for 12 years, yet blame everyone but themselves.
Beyond hilarious. Nice video. Keep up the good work.
For some reason Liz's facial expression remind me of the girlfriend who shows up uninvited to a guy's night out event and merely mimics everyone's reactions without knowing what's going on
Just a heads up for 6:05. You said " well the pound has since recovered" which could be taken as "it recovered because of the u-Turn" but the pound was back to pre mini budget levels 3 days before the uturn. Just to avoid some confusion.
The swift BoE intervention 👍
@@NA-sr8tr forcing BOE to print 65,000,000,000 more pounds, increasing inflation still further forcing further rises in interest rates... 1st rule of holes? STOP DIGGING
I read that as "binds when equipped" as im a gaming newd :P
Which is well down from January
@@BeautifulEarthJa the pound is down by over 35% since the tory's took over 12 years ago
Update: Yes.
Yes! They've shown us their true colours now, and shown us just how little they think of .the average family in this country!
I think it's time for Scotland Ireland and Wales to go
Independence for Scotland Ireland and Wales!!!
Cymru Am Byth!!!! 🏴🏴
@@WelshLeft26490 Which would result in independence for England🤔 Yeah! Bring it on😃
Only now? Where have you been the last 50 years?
Boggles my mind why anyone thought they would act differently. The Tories have always acted like this. Since Thatcher right up until now. I can't find a single Tory government who has not acted like this one.
@@baronvonlimbourgh1716 Australia🙃
Rishi sunak was said that I don't want to give fairy tail people of UK and truss be like hold up 😂😂
Going just as well as i thought it would be
......good ol' pork markets girl. And to the 'working class' tories who chose this disaster, give yourselves a nice round of applause
Never blame the voters.
You should always blame the losing parties for being too feckless to win otherwise they will never improve.
@@Bushflare the "voters" here are voting members of the party, not the electorate.
@@gigitrix
Voters are voters. Be it an opposing party or an internal election you don’t blame the voters, you blame the politicians, because it’s their job to present compelling candidates.
Obviously in the race between Truss and Sunak that wasn’t the case. The two emptiest, most unlikable candidates that were on the docket. Just imagine if the voters were the ones involved in the various rounds of voting. I reckon Kemi Badenoch would have won in a landslide and we wouldn’t be where we are right now.
I wanna see this argument unfold lol
In my time in england (5years) i found that most tory supporters seem to be farmers and very large chunk of working class purely becouse there dad voted it, i thought that theory was BS but yeah i have heared "my dad voted them" as a reply to why they support the tories...so yeah blame voters and politicians i say.
😳 Wow, No one in history has helped so many people lose so many Pounds, so quickly!!
She has been PM for far too long already. It has been over a million seconds!
It's been over 1 second . 😆
This is what happens when less than 1% of your population gets to decide who the next PM is. We seriously need to change laws so if a leader steps down mid-term it's an automatic general election once the new leader has been decided with the deputy PM taking up the PM's responsibilities until the general election.
It’s crazy . They need to change the laws yes . What a mess we’re in . Truss needs to go and fast .
Truss issues, that's fucking amazing
Lots of Truss Issues in modern Trussia. :P
I can't think of another job where you can be hugely incompetent, selfish and corrupt and not get fired. Why is that different for politicians?
Incredibly high quality video here chaps. Imo no mistakes at all, only choices.
Ben, you started at maximum-capacity oratory spacing. Unbelievable. 1%faster than too slow. Nobody ever slows down when they start speaking. AND your pace means flawless delivery. Counter to that, I enjoy when Jacks reading, makes an error at the top of a take but jumps straight back in, and that’s been included. In fact, it’s the detail that made me start paying attention to the graft behind a channel I’d taken for granted as ‘lo-fi’ news (and then you started the editorial HAH. I’m one of the 12 dissiples)
@7:16
ALEX: I’m sorry to be the one… cause I don’t know who Crabb is other than now knowing he’s the pension secretary, but I’m not sure I’ve read about him calling for a general election, tho Dorries has. I don’t think the implication here is that Crabb DID, cause Ben’s tense is singular, (“who’s called”, rather than who’ve called) BUT; could have been a really good speech bubble… just to keep it crystal clear. And also maybe dodge a potential grump from a Crabby staffer. xxx
That thumbnail is amazing. Really like it. Also thanks for clarifying that this is, indeed, toast.
If news(TLDR) talk about someone being toast 2 weeks in, I guess they really are toast.
It's incredible when it's Labour when they want to spend and invest in the economy and support the country's services, they immediately get hounded by the phrase, "how are you going to pay for it?", even when costs are evaluated.
Ill be really upset if people start blaming liz for the mess we are in less we forget Boris... Liz was only there as a puppet to take the public face of the mess boris made. If he doesnt end up in jail and everyone thinks liz is the bad guy ill be disappointed
Boris made a mess but she has made it worse. Neither is worse or better than the other, they both equally suck at running a country
never has something so small been so destructive.
I love how much this channel roasts Truss! Haha love it!
Truss roasts Truss. These guys just point the camera and watch.
TOASTS not roasts.
Truss has to go!!! 🤞🤞🤞
She was toast when someone told her to be an MP.
This video didn't age well. It ended up so much worse and chaotic for her.
I bet there are tons of Tory PMs who desperately want Truss gone, but are scared of a GE. Since the 1922 committee rules don't allow for new leadership elections yet, this might lead to a situation where she has no majority in the Commons, but still will pass a vote of no confidence (to prevent a GE). Either she resigns or it's a government deadlock, at which point the King might even have to intervene.
The whole bunch of conservative party fellows who vote Truss should be sacked as they are either brainless or blind to believe her tax cut policy can work. 🙄
Ol sausage fingers
Tory MPs will have to openly defy her to not be labelled as part of the problem for the next GE electorate. OR as the British are always eager to do, people will have short memories and continue the practice of fairy tale politics where they tell themselves lies and believe it, therefore bringng about another Tory landslide. After everything I've seen for the past 6 years nothing is too far fetched at this point.
I think they can put in a vote of no confidence, but the concern is if she survives then the country is stuck with her for another year. The monarchy won’t get involved in politics so that’s out the question.
We can only hope, government works best when it doesn't do anything
I wouldn't invite her for tea, I'll tell you that much
He said "focus on growth" and I burst out laughing from the irony 🤣 🤣🤣
Good presentation clear and easy to understand. I learned a lot, Keep the good work up thank you.
Shes like a love child between Margaret Thatcher and Benny Hill. Benny Thatcher.. yes, thatll do
UK politics since the beginning of the Brexit campaign has been like watching a car crash in slow motion...
Man, Labour Revolution lets goooooooooooooo
ha (repeat as necessary) - they're just as factional and petty as the Tories.
I still don't understand HOW she beat sunak. Absolutely blows my mind
Handful of elderly Tory party members went for the white woman. Sunak, who was clearly the most able of the two, is a brown skinned Asian man.
@@berniebarclay2183 ahh yes of course I forgot about ye oldy racists 🤦
She definitely is. Her own Senior Members were ready to shred her Mini Budget.
“ I love democracy“ - Chancellor Palpatine
It would be interesting to check the opinion _now_ of the Tory Party members who voted for her to be PM.
They must be cringing… and they deserve to have their noses rubbed in it.
I've never hated a pm more goes for her sidekick too
Afraid it could be more than Truss and her government that is toast...🤔
Whatever your political beliefs, you have to find it hilarious that a month in there's already a dedicated podcast called "Truss Issues" 😂
😂toast - you had me at the title
Truss issues ! It makes me giggle every time I hear that !
Let's all be honest, she was toast the moment she got voted in.
I'm not sure why people are surprised she said she would do this and did it.
Rishi was the better candidate and this is from a labour supporter
Truss is shocking and will destroy their credibility for years
Absolutely. He has worked in finance for years. Problem is, he had no intentions of cutting taxes so the rich could get richer. This was his downfall along with his honesty. I feel he would have been like a fresh of fresh air and a person to be trusted.
I would have voted for him in the next General election too. Unfortunately now this has drawn out all the grovellers who supported her just to get a job, that party hasn't got a hope in hell's chance of getting my vote.
Before Truss even became PM Bojo was saying hes gonna make a come back so wouldnt be suprised if this was all a set up to gain public confidence in the wild Hog Roast!
History: The sun never sets on British Empire. Future: Hold my 🍺
Truss was expected to last for months. Now it looks more likely in weeks.
I liked the presentation of the young journalist, very informative and unbiased. Rarity in today`s media.
We live in a time where the dollar is roughly equivalent to both the Euro and Pound
If you told anyone that at the beginning of the year ....... they'd be downright frightened by wtf is happening in Europe to cause such things
If there is one thing I have learned about British conservatives, is that if they think one of their own will doom their election chances, they’ll ditch them.
Notice how they cut stamp duty, not stamp duty for new buyers, just stamp duty. Guess some of their mates wanted to bulk out theire property portfolio for christmas.
I’m pretty sure it was stamp duty for first time buyers. But they also forced interest rates to substantially increase. So good luck with that new mortgage you banks are no longer offering.
As a Brit, I can confidently say the following:
YES.
Lizz Trus was deployed by the Russians as a weapon of mass economical destruction 😂
She can’t be for real 🤣
She is the best argument for Labour on earth.
She's basically thatcher 2.0 (spineless turning edition), which is a bit like trying to play netflix on a VCR player with no plug while your house in burning down.
The problem wasn't that she wanted to cut taxes, but rather that she wanted to do it without cutting costs.
More importantly, is the UK economy already fucked?
nope,
Yes won't be able to stop inflation
This is what we get when a few thousand, probably elderly and rich Tory party members, are allowed to elect the prime minister. The system should be different.
People wanted complete opposite of rishi so they got it
If Liz says the word "Deliver" one more time I will honestly collapse....
Simple answer. Yes.
If not, then she'll be in the similar boat as Johnson, lose more and more support, then eventual force resignation.
depends on who she wants to save face with. the public or tuffton street. She can but only serve one master. Saying all that. MPs who want to actually survive will not tolerate her serving as an ERG puppet, I'm sensing she doesn't have the capability of indapendant thought, so serving the public will probably have her running out of ideas, things to say or do. She'll get no help in her own party from people who do have ideas. She's not in a good place. Probably one more car crash interview away from walking the plank.
Never had so much fun watching Britain pay for its British arrogance 😂😂
Announcing a "mini budget" to avoid the scrutiny of a real budget was never a good sign.
It wasn't a mini budget, it was a special financial operation.
@@tjenadonn6158 lol
@@tjenadonn6158 war on class
To answer the title question :
Most definitely YES and so is the UK