UK and Europe Need to Learn From Trump or Face Economic Doom, Warns Former British PM

[duluxe]

The UK and the European Union need to abandon their failed leftist-globalist agendas and adopt the economic policies of Donald Trump, former British Prime Minister Liz Truss said.


Economic “doom” is on the horizon if governments across the Atlantic continue on the path of high taxes, high regulations, the green net zero agenda, and weakness to Communist China, Truss warned in an interview with Fox Business.

“We’ve got the highest energy prices in the developed world, the highest taxes for 70 years, and what is happening is taxes keep going up but the revenue is not coming in and the economies are stagnating and ultimately I think there will be a financial crisis unless Europe does things differently,” she warned.

“President Trump is showing the way, he showed the way with deregulation, with fracking that brought down energy costs, but also in taking a strong stand against China… If Europe doesn’t change, if the UK doesn’t change we are facing decline.”


Truss said that she believes the second term of President Donald Trump will “turbo charge” the American economy, which will in turn force leaders in Europe to recognise the folly of their ways and adopt more sensible economic policies put forward by figures like Trump.

The former British PM argued that the people of Europe and the UK are ready for the change, citing the 2016 Brexit referendum, but that the will of the people has been thwarted “a very powerful political elite and bureaucratic class.”


Truss has claimed that her short-lived premiership came to a premature end as a result of the British deep state and financial class by pinning an underlying issue in the British bond markets on her tax cutting agenda.


Despite the members of the Conservative Party backing Truss during the leadership election to replace Boris Johnson, the party insiders disagreed with the will of the people, and ultimately forced her out in favour of former Goldman Sachs banker Rishi Sunak, whom the voters had expressly rejected just months earlier.


“Just like America, we have an over powerful bureaucracy. We need Musk and Vivek here in Britain dismantling our our bureaucracy as much as it’s needed in the U.S.” Truss remarked.


While she predicted that the UK and Europe are “five to 10 years behind the U.S.” in terms of escaping from the globalist economic blob, Truss noted in a point of optimism, that Javier Milei in Argentina is demonstrating that “however bad is the situation it can be turned around with radical action.”

 

[steffychun]

PM who served for the shortest time. Get rid of her!

 

[duluxe]

PM who served for the shortest time. Get rid of her!

Europe and the West should learn from PAP. @JohnTan 's ah gong did an excellent job taming islam.

 

[winners]

PM who served for the shortest time. Get rid of her!

HEY CHAO CHEE BYE BASTARD BITCH. ALTHOUGH SHE DID NOT LAST LONG, BUT AT LEAST SHE COULD SIT IN 10 DOWNING STREET, WHAT ABOUT YOUR CAPABILITY? YOU COULD ONLY SIT ON YOUR JAMBAN TOILET BOWL. LOL.

 

[nabeifuckpap]

high taxes, high regulations, the green net zero agenda, and weakness to Communist China

PAP same pattern

 

[congo9]

Barrier had been left too low.
A lot of jiu hu kia came and drag everyone down the line.

 

[Leongsam]

PM who served for the shortest time. Get rid of her!

The fact that she was ousted in such a short period pretty much proves that she was on the right track which, of course, was a route that was unacceptable to the establishment.

 

[Leongsam]

Here is the establishment's version of why she failed :

Liz Truss Has Resigned. Here’s How She Lost Control​

4 minute read

By Yasmeen Serhan/London
October 20, 2022 9:16 AM EDT
Dozens of leaders have passed through the doors of 10 Downing Street over the course of British history. But perhaps none have done so more often, or more rapidly, in recent years than Britain’s Conservatives. David Cameron made way for Theresa May who made way for Boris Johnson who reluctantly made way for Liz Truss—each one’s period of survival seemingly shorter than the last. In the end, Liz Truss’s time as Prime Minister lasted just six weeks, a period shorter than the leadership contest that elected her in the first place. Truss is set to become the shortest-serving Prime Minister to date.

“We set out a vision for a low-tax, high-growth economy that would take advantage of the freedoms of Brexit,” Truss said in a brief statement outside Downing Street on Thursday, just 44 days after delivering her first. “I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party.”


Read More: Britain’s Conservative Party Can’t Get Its Act Together

How did it come to this? The simplest explanation is that Truss, who campaigned on a platform to deliver “growth, growth, growth,” achieved just the opposite. Her signature package of £45 billion ($50.6 billion) in unfunded tax cuts, which disproportionately favored the country’s wealthiest, succeeded only in crashing the pound, spooking the markets, and undermining Britain’s credibility around the world. Rather than assuage the concerns many Britons had over rising inflation and skyrocketing energy bills, Truss’s government simply gave them more to worry about, including rising mortgage rates and an economy in peril.

In the days leading up to her resignation, Truss conceded that she had made mistakes in going “too far and too fast” with her economic reforms. But perhaps the biggest mistake Truss made was in assuming that growth was Britons’ main priority. Indeed, the prevailing concerns are the cost of living crisis and the economy, followed by climate change, the NHS, and immigration. After six years of instability, precipitated in part by Brexit and made worse by the COVID-19 pandemic and Russia’s invasion of Ukraine, perhaps what the British people really need is a sense of certainty. In Truss’s rise, and in her political downfall, that remains elusive.

Read More: Liz Truss Is Now the Shortest-Serving Prime Minister in U.K. History

If there is any certainty, it’s that Britain’s next Prime Minister—its fifth in six years—will not be subject to a months-long election like last time. Instead, Truss said that the Conservative leadership contest will be completed within the next week—a process that seems unlikely to go to grassroots Conservative Party members, as is customary. Instead, the decision will likely be left to Conservative Party MPs, who will seek out a unity candidate who can bring the party together after a fractious six weeks and improve its standing in the polls, all the while tending to the litany of challenges that Truss leaves behind.

“The Conservative party is right to restrict this leadership election to MPs,” says Bronwen Maddox, the director of Chatham House. “If the party cannot produce a candidate capable of uniting the party then the road will point next to a general election.”

It’s a tall order, and some past leadership contenders have already ruled themselves out. Among the favorites tipped to replace Truss are her former leadership rival Rishi Sunak, as well as current cabinet ministers Penny Mourdant and Ben Wallace. Others have called for candidates with a bit more experience, including past prime ministers Johnson and May.

 

[Leongsam]

The fact that she was ousted in such a short period pretty much proves that she was on the right track which, of course, was a route that was unacceptable to the establishment.

Here's a short summary of what happened from those who cast her in a more favorable light.

It's up to the viewer to decide whether she was actually incompetent or a victim of the more powerful forces that actually run the country.

 

[steffychun]

The fact that she was ousted in such a short period pretty much proves that she was on the right track which, of course, was a route that was unacceptable to the establishment.

Learn how to get rid of PMs.