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The Forum > Article Comments > The Liz Truss disaster show > Comments

The Liz Truss disaster show : Comments

By Binoy Kampmark, published 10/10/2022

In the end, the words from Truss hardly mattered, their inconsequential sprinkles vanishing down the drainpipe of vacant rhetoric. There was no plan for generating actual economic growth.

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All leaders are doing dumb things at the moment.
Not many of them are truly 'statesmen'.

US President Joe Biden vows consequences for Saudi Arabia after OPEC+ decision
http://youtu.be/rHXAq028LtU

Democratic senator Bob Menendez who is the chairman of the Senate Foreign Relations Committee said that the United States must immediately freeze all cooperation with Saudi Arabia including arms sales.

If they are dumb enough to deliberately step in shite, then they deserve whatever comes to them.
- The same as Europe stepped in it, by cutting themselves off from cheap Russian energy and destroying their economies;
- The US wants to cut themselves off from the cheap energy that made them what they are.

The west is going to lose.
Energy is far more important to any populace than weapons are.

Go ahead and cut trade with Saudi Arabia, how should they respond.
- By cutting off the US lifeline to cheap oil?

Idiots all of them.

The US talks all this crap about democracy, but when it comes to foreign policy, the US is no more than a global dictatorship itself.
- And maybe far more totalitarian and uncompromising than any of the others they sound off against.
Posted by Armchair Critic, Thursday, 13 October 2022 3:56:28 PM
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Well said AC,

On a per-capita basis Saudi Arabia, along with Kuwait and Qatar, are up there with Israel and the US when it comes to military spending.
Posted by Paul1405, Friday, 14 October 2022 6:16:56 AM
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These are the usual, comments from the village idiots criticising Liz Truss's credentials when they can hardly even spell economics.

Lowering peak tax rates discourage highly talented individuals from migrating to low-taxing places like Singapore and boosts consumer spending and economic growth.

Albozo having promised not to stop the tax changes doesn't want to break yet another election promise.
Posted by shadowminister, Friday, 14 October 2022 7:00:47 AM
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Hi SM,

Truss is 'Iron Balls' Thatcher without the handbag! SM, pushing another variant of the discredited "trickle-down theory"; tax breaks and benefits for corporations and the wealthy will trickle down to everyone else, eventually reaching even the Village Nazi, as he goes about his menial task of cleaning up after the village K9's have done their business.
Posted by Paul1405, Friday, 14 October 2022 9:18:03 AM
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Paul,

You wouldn't recognise trickle-down economics if it bit you on the arse.

The green theory is everything is better when you soak the rich. The problem is that this has been disproven again and again. The innovators and entrepreneurs are what drive economic growth, not union flunkeys.

Most countries are cutting back on taxes leaving the UK and Australia at the higher end of income tax and corporate tax. This is not a concept that fringe parties such as the greens have the IQ to grasp.
Posted by shadowminister, Friday, 14 October 2022 11:04:54 AM
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SM,

Britain is fast becoming an economic basket case, and not undue in no small measure to Tory incompetence. Bug Ridden Boris was a complete fruit loop and this Truss woman is no better, with assuming leadership a couple of week ago Truss has shown herself, and her flunkies, to be complete economic numbskulls. Australia unfortunately saddled with a trillion dollars of Liberal Party debt because of their crazy generosity to the likes of Gerry Harvey is in no position to give big tax cuts to the mega rich, the likes of Gerry Harvey. Nothing in it for you SM, no tax cut for the menials around the village.
Posted by Paul1405, Friday, 14 October 2022 12:19:20 PM
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