Rocksolid Light - uk.current-events.terrorism - The krazy world of kamikwasi economics

The krazy world of kamikwasi economics

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From: the.happy.hippy.nntp@ntlworld.invalid (The Happy Hippy)
Newsgroups: uk.current-events.terrorism
Subject: The krazy world of kamikwasi economics
Date: Mon, 25 Sep 2023 11:38:49 +0100
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by: The Happy Hippy - Mon, 25 Sep 2023 10:38 UTC

https://www.bbc.co.uk/news/business-66897881

The term "mini budget" will be forever toxic in British politics.

It was the equivalent of trying to pay a restaurant bill with an Instagram photo of some gold bars.

So disastrous was then-Chancellor Kwasi Kwarteng's September 2022 statement - which included £45bn of unfunded tax cuts - that its long shadow still stretches over our economics and politics.

Conversations have revealed important new details about Mr Kwarteng and then-PM Liz Truss' "growth plan" - including that its initial impact was far worse than has been publicly known up to this point.

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Worse than admitted; who would have thunk it ?

All of us who are having to suffer the consequences I imagine.

"The Schizophrenic: An Unauthorized Autobiography"

aus+uk / uk.current-events.terrorism / The krazy world of kamikwasi economics

Subject	Author
The krazy world of kamikwasi economics	The Happy Hippy