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Liz Truss resigns as UK prime minister

bbc.co.uk

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Re: Liz Truss resigns as UK prime minister

#71

Post by mantas »

akudha wrote: post #45
nemo44x wrote: post #7

Imagine rising to the ranks of prime minister of one of the most influential countries ever and for your legacy to be a head of lettuce out-survived your reign. That the Queen literally died the day after meeting you. Unbelievable.

Britain, Brazil, Australia, Philippines, India, Turkey, U.S … it is mind numbing that of all the good, talented people these countries have, only the dumbest, worst of the worst end up in positions of power. Depressing. At this point, we can just randomly pick a citizen to be President or PM. We might have better chances that way

It's the same in many other countries. They just ain't that big and language barrier prevents from looking deeper into BS that is going on there.

Overall the issue is that this career route does not pay well. E.g. in my country a mid-level developer earns as much as parliament member. Specialised constructions workers can make as much too. Why the hell would you pursue career in politics if you can easily make as cushy living with much less stress? You must be either narcissist or... not that bright to make a living in other ways.

Re: Liz Truss resigns as UK prime minister

#72

Post by truculent »

bsenftner wrote: post #46
raesene9 wrote: post #19

What happens next will be interesting . At this point, a general election would be the obviously correct solution. It's clear that the conservative party don't have a platform and can't agree major policy points amongst themselves. However that would require conservative MPs to vote for it, which is the turkeys voting for Christmas so unlikely to happen, so I'd expect we'll have to wait till 2024 for that election. T…

Every time I think the USA is completely ruined, I remember how much worse the citizens of the UK have it. I remote worked for a London based CTO for years, with a science Phd, and to hear him discuss UK politics gave me an insight how effective propaganda and being immersed in a culture impacts one's judgement.

Funnily enough, in the U.K. you’ll hear the inverse refrain!

Re: Liz Truss resigns as UK prime minister

#73

Post by cloutchaser »

mcv wrote: post #28
edmcnulty101 wrote: post #11

Can anyone explain why??

She was terrible. She introduced a dramatic tax cut for the rich, which immediately crashed exchange rates and the stock market, and was even criticised by the rich it was meant to benefit.

2/3 tax cuts she suggested were actually supported by labour previously.

I think the mistake is more a massive communications and timing issue. She really should have announced these cuts in a staggered way, with better communication for the markets.

It would have been fine.

But she really screwed up on getting the political communication right.

Re: Liz Truss resigns as UK prime minister

#74

Post by rvz »

rayiner wrote: post #34

Tories should have gone with Rishi.

There you go. But took the opportunity to buy the pound after it crashed at one of it lowest levels and made a killing out of it, rather than screaming here over a lettuce.

Everyone saw that resignation coming after the rejection of their tax cuts by the markets.

Re: Liz Truss resigns as UK prime minister

#75

Post by capableweb »

akudha wrote: post #45
nemo44x wrote: post #7

Imagine rising to the ranks of prime minister of one of the most influential countries ever and for your legacy to be a head of lettuce out-survived your reign. That the Queen literally died the day after meeting you. Unbelievable.

Britain, Brazil, Australia, Philippines, India, Turkey, U.S … it is mind numbing that of all the good, talented people these countries have, only the dumbest, worst of the worst end up in positions of power. Depressing. At this point, we can just randomly pick a citizen to be President or PM. We might have better chances that way

> At this point, we can just randomly pick a citizen to be President or PM. We might have better chances that way

I have a wild idea. What if we try to select people based on their respective expertise in an area, rather than based on just popularity? If they have a science/knowledge background, even better.

Since it's based on skill and governance, we can call it something like "tekhne kratos", taking inspiration from the Greeks because why not.

Re: Liz Truss resigns as UK prime minister

#76

Post by desas »

gadders wrote: post #48
raesene9 wrote: post #19

What happens next will be interesting . At this point, a general election would be the obviously correct solution. It's clear that the conservative party don't have a platform and can't agree major policy points amongst themselves. However that would require conservative MPs to vote for it, which is the turkeys voting for Christmas so unlikely to happen, so I'd expect we'll have to wait till 2024 for that election. T…

There was no general election when Gordon Brown took over from Tony Blair.

There's a difference between the running mate - the defacto deputy taking over in a foreseeable move and the nth choice person taking over after the two previous incumbents have been forced out.

Re: Liz Truss resigns as UK prime minister

#77

Post by sebzim4500 »

bsenftner wrote: post #46
raesene9 wrote: post #19

What happens next will be interesting . At this point, a general election would be the obviously correct solution. It's clear that the conservative party don't have a platform and can't agree major policy points amongst themselves. However that would require conservative MPs to vote for it, which is the turkeys voting for Christmas so unlikely to happen, so I'd expect we'll have to wait till 2024 for that election. T…

Every time I think the USA is completely ruined, I remember how much worse the citizens of the UK have it. I remote worked for a London based CTO for years, with a science Phd, and to hear him discuss UK politics gave me an insight how effective propaganda and being immersed in a culture impacts one's judgement.

To be fair, I imagine that guy thought the same of you.

Re: Liz Truss resigns as UK prime minister

#79

Post by mytailorisrich »

cloutchaser wrote: post #73
mcv wrote: post #28

Earlier quoted context omitted.

She was terrible. She introduced a dramatic tax cut for the rich, which immediately crashed exchange rates and the stock market, and was even criticised by the rich it was meant to benefit.

2/3 tax cuts she suggested were actually supported by labour previously. I think the mistake is more a massive communications and timing issue. She really should have announced these cuts in a staggered way, with better communication for the markets. It would have been fine. But she really screwed up on getting the political communication right.

No funding and incomprehensible timing of abolishing the 45p rate were IMO fatal for the markets and public opinion. worryingly it also seems that nothing was discussed with the BoE beforehand.

But keeping the corporation tax at 19% was the right move, IMO.

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