The state we’re in

WHAT WENT WRONG WITH Liz Truss? How did the clear winner of the first Tory leadership election of 2022 throw it all away? It was by being in office when the music stopped. To see how Truss failed is more than a story of her personal incompetence, it is to appreciate that she squandered no great and glorious inheritance. For the disastrous rule at the Treasury of George Osborne and Philip Hammond and Rishi Sunak (and before them Brown and Darling), left her nothing to fritter away. For a generation Britain has refused to face up to its problems. Now it can no longer look away. No doubt the reaction of the markets to Kwasi Kwarteng’s swiftly aborted “fiscal event” was skittish to the point of hysterical. The strange cult that…

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The Critic (Digital) - 1 Issue, November 2022

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